Stock Track | World Acceptance Soars 5.53% as Q3 Revenue Climbs, Loan Portfolio Strengthens

Stock Track

Jan 28, 2025

World Acceptance Corporation's (NASDAQ: WRLD) stock surged 5.53% in pre-market trading on Tuesday, January 28, 2025, following the release of the company's strong fiscal third-quarter results. The subprime consumer lender reported robust revenue growth and improved loan portfolio performance, driving investor optimism.

The company's total revenues for the quarter increased by 0.6% year-over-year to $138.6 million, fueled by a 3.1% rise in interest and fee income. Notably, World Acceptance witnessed a significant 22.6% increase in new customer loan volume and a 13.9% surge in former customer loan volume, contributing to the overall revenue growth.

In addition to the revenue gains, the company's loan portfolio quality showed signs of improvement. The recency delinquency rate for accounts 90+ days past due declined to 3.4% as of December 31, 2024, from 3.7% a year earlier. This positive trend in credit quality, combined with the company's prudent underwriting practices, bodes well for its future performance.

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This positive trend in credit quality, combined with the company's prudent underwriting practices, bodes well for its future performance.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | World Acceptance Soars 5.53% as Q3 Revenue Climbs, Loan Portfolio Strengthens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | World Acceptance Soars 5.53% as Q3 Revenue Climbs, Loan Portfolio Strengthens\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-28 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>World Acceptance Corporation's (NASDAQ: WRLD) stock surged 5.53% in pre-market trading on Tuesday, January 28, 2025, following the release of the company's strong fiscal third-quarter results. The subprime consumer lender reported robust revenue growth and improved loan portfolio performance, driving investor optimism.</p>\n\n<p>The company's total revenues for the quarter increased by 0.6% year-over-year to $138.6 million, fueled by a 3.1% rise in interest and fee income. Notably, World Acceptance witnessed a significant 22.6% increase in new customer loan volume and a 13.9% surge in former customer loan volume, contributing to the overall revenue growth.</p>\n\n<p>In addition to the revenue gains, the company's loan portfolio quality showed signs of improvement. The recency delinquency rate for accounts 90+ days past due declined to 3.4% as of December 31, 2024, from 3.7% a year earlier. This positive trend in credit quality, combined with the company's prudent underwriting practices, bodes well for its future performance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WRLD","symbol_name":"环球验收","start_time":0,"source_url":"","article_id":"1180969069","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180969069","pubTimestamp":1738074746,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"World Acceptance Corporation's  stock surged 5.53% in pre-market trading on Tuesday, January 28, 2025, following the release of the company's strong fiscal third-quarter results. 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