Revenue Update on World Acceptance Corp.(NASDAQ:WRLD)

World Acceptance Corp.(NASDAQ:WRLD) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $127.08M. Analysts estimated a revenue of $130.91M. Earnings per share were $1.89. Analysts had estimated an EPS of $2.22.

World Acceptance Corp. (WRLD) shares turned negative on Thursdays trading session with the shares closing down -0.02 points or -0.05% at a volume of 3,42,627. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $45.61. The peak price level was also seen at $45.61 while the days lowest was $43.4907. Finally the shares closed at $43.79. The 52-week high of the shares is $55.43 while the 52-week low is $25.3. According to the latest information available, the market cap of the company is $386 M.

Several Insider Transactions has been reported to the SEC. On Jun 24, 2015, Francisco J Sauza (SVP, MEXICO) sold 4,000 shares at $82.51 per share price.Also, On Mar 17, 2015, Jeff L Tinney (SVP, WESTERN DIVISION) sold 4,400 shares at $90.29 per share price.On Feb 26, 2015, Daniel Clinton Dyer (SVP, CENTRAL DIVISION) sold 4,000 shares at $82.99 per share price, according to the Form-4 filing with the securities and exchange commission.

World Acceptance Corporation is a small-loan consumer finance company. The Company offers short-term small loans medium-term larger loans related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. The Company also offers income tax return preparation services and electronic filing program to its customer base and to others. The Company also markets computer software and related services to financial services companies through its ParaData Financial Systems subsidiary. The Company operates through the consumer finance segment. The Company as an agent for an unaffiliated insurance company markets and sells credit life credit accident and health credit property and unemployment insurance in connection with its loans in selected states where the sale of such insurance is permitted by law. The Company also offers automobile club memberships to its borrowers.

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