earnings
confidence high
sentiment negative
materiality 0.80
World Acceptance posts Q3 net loss of $0.9M; provision and expenses surge
WORLD ACCEPTANCE CORP
2026-Q3 EPS reported
-$0.30
revenue$408,169,899
- Net loss of $0.9M ($0.19 diluted) vs net income of $13.4M ($2.45) prior year.
- Total revenues up 1.9% to $141.3M; gross loans grew 1.5% YoY to $1.40B.
- Provision for credit losses increased $7.3M to $51.4M; net charge-offs 18.7% annualized vs 17.2%.
- G&A expenses rose 16.1% to $78.1M; personnel costs up 24.9% on share-based comp and hiring.
- Repurchased 102,559 shares for $15M in Q3; 11% of shares repurchased FYTD.