trending Market Intelligence /marketintelligence/en/news-insights/trending/in9SV5tFvaQnIAZvIxHrrw2 content esgSubNav
In This List

World Acceptance shares fall 19% after company releases earnings

Blog

Banking Essentials Newsletter: 23rd August edition

Blog

Banking Essentials Newsletter: 9th August Edition

Blog

Navigating Industry Level Credit and Market Risks in the Light of Slow Growth and Interest Rate Hikes

Blog

Kensho Launches Word Error Rate Calculator


World Acceptance shares fall 19% after company releases earnings

Shares of consumer lender World Acceptance Corp. slid about 19% in intraday trading Jan. 26, the same day the company released its fiscal third-quarter earnings.

Quarterly net income fell 34.6% year over year, the company said. Fiscal third-quarter net income was $9.6 million, or $1.10 per share, compared with $14.8 million, or $1.70 per share, in the year-ago period.

The company's shares were down 18.79% at $49.09 as of 2:24 p.m. ET.