WRLD · World Acceptance Corporation Q1 FY2027 earnings call record财报电话会记录

“Such forward-looking statements are about matters that are inherently subject to risks and uncertainties.”

“Additional information regarding forward-looking statements and any factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements are included in the paragraph discussing forward-looking statements in today's earnings press release and in the Risk Factors section of the corporation's most recent Form 10-K for the fiscal year ended March 31, 2026, and subsequent reports filed with or furnished to the SEC from time to time.”

“Before turning to the numbers, I want to thank our team members across our company for the work they do every day serving our customers.”

“Earnings benefited from a 4.8% increase in revenue as well as a 13.4% decrease in provision expense.”

“The revenue increase is due to continued year-over-year loan growth, as well as a 91-basis-point increase in interest and insurance yields.”

“Our expenses outside of one-time costs related to the CEO transition, we saw modest increases in our G&A expense, and we expect to maintain this disciplined approach to expenses going forward.”

“We will now begin the question and answer session.”

“To ask a question, you may press star then one on your telephone keypad.”

“If you're using a speakerphone, please pick up your handset before pressing the keys.”

“At this time, we will pause momentarily to assemble our roster.”

“Then on the demand side, can you give us a sense for how things have trended, call it year to date?”

“You know, we had large tax refunds, to your point, you know, a lot higher gas prices and just sort of any changes in demand you've observed.”