(1888PressRelease)
May 02, 2009 - World Acceptance beats by $0.22, beats on revs Reports Q4 (Mar) earnings of $1.58 per share, excluding an after-tax gain of $2.2 mln
Or $0.14 per diluted share, arising from the co's repurchase of $10 mln face value of its 3% convertible subordinated debt, $0.22 better than the First Call consensus of $1.36; revenues rose 12.3% year/year to $113.9 mln vs the $110.2 mln consensus.
Co says "Our current level of charge-offs is in line with our expectations and we believe that our allowance for loan losses is adequate based on the current outlook."
http://www.worldacceptance.com/
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