World Acceptance appoints J. Tobin Turner as new chief operating officer
World Acceptance Corporation has appointed J. Tobin Turner as their new Executive Vice President and Chief Operating Officer. Turner, who previously served as the Senior Vice President of Strategy and Analytics, will now oversee the company's branch network and daily operations. The appointment comes as the company, providing personal installment loans and tax services across 16 states, reported exceeding revenue expectations in its recent fiscal quarter despite an EPS miss, alongside approving a share repurchase program.
Former economics professor to run World Acceptance operations
World Acceptance Corporation has appointed J. Tobin Turner as its new Executive Vice President and Chief Operating Officer, effective February 17, 2026. Turner, previously the company's Senior Vice President of Strategy and Analytics, will now oversee the branch network and daily operations. Before joining World Acceptance, he was an Associate Professor of Economics and Business Administration at Presbyterian College and has a Ph.D. in Operations and Supply Chain Management.
The Truth About World Acceptance Corp: Why Everyone Is Suddenly Paying Attention
World Acceptance Corp (WRLD) is attracting attention from investors, but its business model of providing high-interest loans to higher-risk borrowers carries significant risks, including regulatory scrutiny and stock volatility. The article advises potential investors to conduct thorough due diligence, understand the high-risk nature of the stock, and consider it only as a speculative bet rather than a stable investment due to its unpredictable performance and the economic and regulatory factors that heavily influence it.
The Truth About World Acceptance Corp: Why Everyone Is Suddenly Paying Attention
World Acceptance Corp (WRLD) is gaining attention from value investors and on social media for its potential upside, despite being a high-risk, high-scrutiny consumer finance business. The company lends to higher-risk borrowers at high interest rates, making it susceptible to economic downturns and regulatory oversight, which translates to high stock volatility. Investors need to conduct thorough due diligence, focusing on loan portfolio performance, net charge-offs, and regulatory updates, rather than relying on social media hype for this complex speculative play.
World Acceptance Corp board approves $50 million share repurchase program
World Acceptance Corp (NASDAQ:WRLD) has announced that its Board of Directors approved a new share repurchase program, authorizing the company to buy back up to $50 million of its common stock. This program builds on prior authorizations, reflecting a historical trend of aggressive share repurchases by management as indicated by InvestingPro data. The timing and specifics of the repurchases will depend on various market, economic, and regulatory conditions.
World Acceptance Corp Approves $50 Million Share Repurchase Program
World Acceptance Corp (WRLD) announced a new $50 million share repurchase program on February 11, 2026. This program includes previously authorized funds and its execution depends on stock price and market conditions, with the possibility of suspension at any time. The announcement refers to an SEC filing from the same date for further details.
World Acceptance Corp Approves $50 Mln Share Repurchase Program
World Acceptance Corp (WRLD) has announced the approval of a $50 million share repurchase program. This action signals the company's intent to return value to shareholders and potentially boost its stock price. The news was reported by Refinitiv and Reuters.
Earnings call transcript: World Acceptance reports Q3 2026 EPS miss, stock drops
World Acceptance Corporation (WRLD) reported a significant EPS miss in Q3 2026, with -0.19 against a forecast of 0.78, causing an 18.94% pre-market stock drop. Despite this, the company exceeded revenue expectations and is optimistic about improving yields and customer growth, especially during the upcoming tax season. The company also plans a 3-5% headcount reduction to optimize operations.
World Acceptance Corporation Reports Fiscal 2026 Third Quarter Results
World Acceptance Corporation (NASDAQ: WRLD) reported financial results for its third quarter of fiscal 2026, showing a net loss of $0.9 million, down from a net income of $13.4 million in the prior year. Despite the loss, the company achieved year-over-year growth in outstanding loans and its customer base, following a strategic shift to targeted growth after earlier tightening underwriting standards. The increase in new, higher-risk customers led to a substantial build-up in the allowance for credit losses and contributed to higher provision for credit losses and net charge-offs.
World Acceptance Shares Fall on Swing to 3Q Loss
Shares of World Acceptance fell following a report indicating a swing to a third-quarter loss. Additionally, Unity Software reported its Q4 financial results, exceeding revenue estimates but posting a quarterly loss of 66 cents per share. The article highlights these financial updates, noting the decline in World Acceptance shares and Unity's performance.
World Acceptance Corporation (NASDAQ:WRLD) Q3 2026 Earnings Call Transcript
World Acceptance Corporation reported its Q3 2026 earnings, missing expectations with an EPS of -$0.19 against an anticipated $0.58. CEO Chad Prashad highlighted significant growth in new customer volume and outstanding ledger, expressing optimism about improving credit quality, customer retention, and loan growth despite initial investment in riskier new customer segments. The company also announced share repurchases and discussed the upcoming retirement of Clint Dyer, a long-term contributor.
World Acceptance: Fiscal Q3 Earnings Snapshot
World Acceptance Corp. (WRLD) reported a fiscal third-quarter loss of $912,000, translating to a loss of 19 cents per share. The subprime consumer lender, based in Greenville, South Carolina, achieved revenue of $141.3 million for the period. This financial snapshot was generated using data from Zacks Investment Research.
World Acceptance Corp. (NASDAQ:WRLD) Reports Q3 Loss Amid Strategic Growth Investments
World Acceptance Corp. (NASDAQ:WRLD) reported mixed Q3 2026 results, with revenue surpassing estimates but a significant net loss due to strategic growth investments. The company's focus on rebuilding its loan portfolio led to increased provisions for credit losses and higher operating expenses. While market reaction was negative, management anticipates improved profitability in the next fiscal year as new customers mature.
Finance company with 1,000 branches swings to loss as it adds borrowers
World Acceptance Corporation reported a net loss of $0.9 million in the third quarter of fiscal 2026, a significant decrease from a net income of $13.4 million in the prior year, primarily due to increased provision for credit losses related to its targeted growth strategy and a higher proportion of new customers. Despite the loss, the company successfully grew its outstanding loans by 1.5% year-over-year and expanded its unique customer base by 4.1%, operating over 1,000 branches across 16 states. Management anticipates improved profitability in the next fiscal year as new customers gain tenure and charge-offs and reserve rates normalize.
World Acceptance: Third Quarter Financial Results Overview
World Acceptance Corp., a subprime consumer lender based in Greenville, South Carolina, announced a net loss of $912,000 in its fiscal third quarter. This resulted in a loss of $0.19 per share, despite generating $141.3 million in revenue during the period. The report highlights the company's financial performance challenges for the quarter.
Earnings Flash (WRLD) World Acceptance Posts Fiscal Q3 Loss $0.19 a Share, vs. FactSet Est of $0.76 EPS
World Acceptance Corporation (WRLD) reported a fiscal Q3 loss of $0.19 per share, significantly missing the FactSet estimate of $0.76 EPS. This financial result was published on January 27, 2026, alongside other financial updates for the company's third quarter and nine months ended December 31, 2025. The company also reported Q3 revenue of $141.3 million, exceeding the FactSet estimate of $133.1 million.
World Acceptance: Fiscal Q3 Earnings Snapshot
World Acceptance Corp. (WRLD) reported a fiscal third-quarter loss of $912,000, amounting to 19 cents per share. The subprime consumer lender, based in Greenville, South Carolina, posted revenues of $141.3 million for the period. This financial snapshot was generated using data from Zacks Investment Research.
World Acceptance: Fiscal Q3 Earnings Snapshot
World Acceptance Corp. (WRLD) reported a fiscal third-quarter loss of $912,000, equivalent to 19 cents per share. The subprime consumer lender, based in Greenville, South Carolina, also announced revenues of $141.3 million for the period. This financial snapshot was generated using data from Zacks Investment Research.
World Acceptance Corporation to Host Q3 Earnings Call on January 27, 2026
World Acceptance Corporation (WRLD) announced it will host its Q3 earnings call on January 27, 2026, at 10:00 a.m. Eastern Time to release its latest financial report. The call will be live-streamed and available for replay for 30 days. The company, founded in 1962, provides personal installment loans and tax preparation services through over 1,000 branches across 16 states, primarily serving individuals with limited credit access.
World Acceptance offers live and 30-day replay of Jan. 27 Q3 call
World Acceptance Corporation (NASDAQ: WRLD) announced it will provide a live, online webcast and a 30-day replay of its Q3 2026 conference call on Tuesday, January 27, 2026, at 10:00 a.m. Eastern Time. The earnings release will precede the call. World Acceptance Corporation, founded in 1962, offers personal installment loans and tax preparation services through its World Finance branches.
World Acceptance (WRLD) Expected to Announce Quarterly Earnings on Tuesday
World Acceptance (WRLD) is scheduled to release its Q3 2026 earnings before market open on Tuesday, January 27th, with analysts forecasting $0.58 EPS and $133.49 million in revenue. The company missed expectations in the previous quarter, reporting ($0.38) EPS against an anticipated $1.87. Insider transactions show sales of nearly 10,000 shares worth $1.48 million in the last 90 days.
World Acceptance (NASDAQ:WRLD) sheds 7.9% this week, as yearly returns fall more in line with earnings growth
World Acceptance (NASDAQ:WRLD) experienced a 7.9% drop this past week, bringing its three-year return to 71%, which is considered modest compared to an index fund. Despite recent share price declines, the company's earnings per share (EPS) grew at 62% annually over three years, significantly outpacing the 20% average annual share price increase. This suggests that the market's sentiment towards the stock has cooled, reflected by its low P/E ratio of 11.66.
World Acceptance (NASDAQ:WRLD) Trading Down 8% - Should You Sell?
World Acceptance (NASDAQ:WRLD) stock fell 8% on Monday after a significant quarterly earnings and revenue miss, trading below its 50 and 200-day moving averages. Analysts maintain a "Hold" rating, and there has been notable insider selling alongside high institutional ownership.
36,999 Shares in World Acceptance Corporation $WRLD Bought by CX Institutional
CX Institutional recently acquired a new stake of 36,999 shares in World Acceptance Corporation (WRLD), valued at approximately $6.26 million, increasing institutional ownership to 83.63%. Despite this, the company reported a significant quarterly earnings miss and revenue below estimates. Analysts currently maintain a consensus "Hold" rating on the stock, while insiders have sold over 9,900 shares in the past three months.
World Acceptance (NASDAQ:WRLD) Trading Down 4.5% - Here's What Happened
World Acceptance (NASDAQ:WRLD) stock declined by 4.5% on Wednesday, with approximately 72,697 shares traded, significantly above its daily average. This drop followed a substantial quarterly EPS miss of ($0.38) versus an expected $1.87, and revenues that fell short of analyst estimates. Analysts have largely re-rated the stock to a consensus "Hold," with some insider selling observed, though insiders still retain a significant ownership stake.
World Acceptance (NASDAQ:WRLD) Raised to Hold at Zacks Research
Zacks Research and Weiss Ratings have upgraded World Acceptance (NASDAQ:WRLD) to a "Hold" rating, following a significant quarterly miss where the company posted an EPS of ($0.38) against an estimated $1.87. The stock currently trades near $145 with a market cap of approximately $732 million, and analysts anticipate an EPS of 14 for the current fiscal year. Insider activity shows recent sales totaling nearly $1.48 million, though company insiders still hold a substantial 41.6% of the stock.
Have Insiders Sold World Acceptance Shares Recently?
Recent insider transactions at World Acceptance Corporation (NASDAQ: WRLD) show selling activity, with Executive VP Daniel Dyer and President Ravin Prashad selling shares at notable prices. While the company maintains high insider ownership (19%), the absence of recent insider buying raises some concerns despite the selling prices being above current market value.
World Acceptance Corp. pays $21.7 million for alleged Mexican bribes
World Acceptance Corp. has agreed to pay $21.7 million to the SEC to settle allegations that its former Mexican subsidiary paid over $4 million in bribes to Mexican government and union officials. The alleged bribery scheme, which ran from 2010 to 2017, involved recording payments as "commission expenses" without proper documentation and led to the company being unjustly enriched by approximately $18 million. Both the company and former CEO Janet Lewis Matricciani deny knowledge or culpability, with Matricciani stating she was not consulted for the SEC order and that the misconduct began before her tenure.
World Acceptance Corporation Announces the Retirement of Chief Branch Operations Officer D. Clinton Dyer
World Acceptance Corporation (NASDAQ:WRLD) announced the planned retirement of D. Clinton Dyer, Executive Vice President and Chief Branch Operations Officer, after a 30-year career. His retirement will take effect on March 31, 2026, with operational responsibilities transitioning to J. Tobin Turner, Senior Vice President of Strategy and Analytics. The company praised Mr. Dyer's leadership and dedication, and he expressed gratitude for his time at World Acceptance.
World Acceptance Corporation Announces the Retirement of Chief Branch Operations Officer D. Clinton Dyer
World Acceptance Corporation announced the retirement of D. Clinton Dyer, Executive Vice President and Chief Branch Operations Officer, after a distinguished 30-year career. His retirement is effective March 31, 2026, with operational responsibilities transitioning to J. Tobin Turner. The company praised Mr. Dyer's leadership and commitment, ensuring a smooth transition process.
The total return for World Acceptance (NASDAQ:WRLD) investors has risen faster than earnings growth over the last three years
Over the last three years, World Acceptance Corporation (NASDAQ:WRLD) shareholders have seen a total return of 104%, outpacing the company's annual earnings per share (EPS) growth of 62%. This suggests that investor sentiment has become more cautious over time despite strong profit growth. The article also notes a recent 17% drop in share price over the last quarter, inviting a deeper look into the company's fundamentals.
World Acceptance (NASDAQ: WRLD) plans retirement of ops chief Dyer, duties to Turner
World Acceptance Corporation (NASDAQ: WRLD) announced the planned retirement of D. Clinton Dyer, Executive Vice President and Chief Branch Operations Officer, effective March 31, 2026. Dyer spent 30 years with the company, contributing significantly to its branch operations. His responsibilities will transition to J. Tobin Turner, the current Senior Vice President of Strategy and Analytics, who holds a Ph.D. in Operations and Supply Chain Management.
World Acceptance Corporation Reports Fiscal 2026 Second Quarter Results
World Acceptance Corporation (NASDAQ: WRLD) reported its fiscal 2026 second quarter results, highlighting a return to year-over-year outstanding loan growth for the first time since September 2022. Despite a net loss per diluted share of $0.38 due to early bond redemption expenses and investments for future growth, the company saw increased interest, fee, and insurance income, and an expanded customer base. The report details significant increases in new customer loan volume, improvements in portfolio yield, and changes in financial metrics such as provision for credit losses and general and administrative expenses.
3,161 Shares in World Acceptance Corporation $WRLD Bought by Janney Montgomery Scott LLC - MarketBeat
Janney Montgomery Scott LLC recently purchased 3,161 shares of World Acceptance Corporation (NASDAQ:WRLD) stock, valued at approximately $522,000, establishing a new position in the company. Other institutional investors like Nuveen LLC, American Century Companies Inc., and Vanguard Group Inc. have also adjusted their holdings in the credit services provider. The article details WRLD's financial performance, stock movements, and market capitalization, noting that institutional investors own a significant portion of its stock.
World Acceptance (WRLD) Projected to Post Earnings on Friday - Defense World
World Acceptance (WRLD) is projected to post earnings on Friday. The company's stock recently dropped by 3.6%, and insider Prescott General Partners Llc sold a significant number of shares. Institutional investors have also adjusted their positions in the credit services provider.
World Acceptance Corporation Announces Second Quarter 2026 Conference Call on the Internet - Stock Titan
World Acceptance Corporation announced that it will host an online, real-time webcast and rebroadcast of its second quarter conference call on Thursday, October 23, 2025. The earnings release for the second quarter of 2026 will be issued before the call. The company, headquartered in Greenville, S.C., provides personal installment loans and tax preparation services across 16 states.
World Acceptance Corp (WRLD): A Deep Value Consumer Finance Play?
World Acceptance Corp (WRLD) is highlighted as a potentially deeply undervalued consumer finance company. The article uses metrics like an IV/P of 1.90 and an Acquirer’s Multiple of 4.65 to suggest a significant discount to its intrinsic value. WRLD's strong free cash flow generation, consistent share buybacks, and small-cap neglect contribute to its deep value appeal.
World Acceptance Corp Announces Fiscal Q1 Earnings Results - News and Statistics
World Acceptance Corp. (WRLD) reported a net income of $1.3 million, or 25 cents per share, for its fiscal first quarter, with revenues reaching $132.5 million. The subprime consumer lender, based in Greenville, South Carolina, showcased steady financial performance despite varied trends and challenges in the subprime lending industry. This financial update is based on data from Yahoo Finance and the IndexBox platform.
A CFPB First: Bureau Publicly Asserts "Dormant" Supervisory Authority Over Company
The CFPB publicly asserted its "dormant" supervisory authority over installment lender World Acceptance Corp., marking its first such designation in a contested matter. The Bureau cited consumer complaints alleging misleading practices, harassment, inaccurate reporting, and predatory refinancing that trap consumers in debt. This action follows the CFPB's previous announcements regarding its intent to use and publicize this authority for nonbanks posing risks to consumers.
SEC and DOJ Target Financial Institution in FCPA Investigation
World Acceptance Corp. has set aside $21.7 million to resolve a Foreign Corrupt Practices Act (FCPA) investigation by the SEC and DOJ concerning its former Mexico-based subsidiary. The investigation focuses on alleged improper payments to Mexican government officials between 2010 and 2017 related to loans. This case highlights a recent trend of the SEC and DOJ targeting financial institutions in FCPA enforcement actions.
