Aaron's Company Inc reports results for the quarter ended in January - Earnings Summary

Aaron's

07/05/2024 12:33

* Aaron's Company Inc  AAN.N  reported a quarterly adjusted
loss
of 15 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 66 cents.  The mean expectation of six analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -13 cents to -1 cents per share.
    * Revenue fell 7.7% to $511.50 million from a year ago;
analysts
expected $516.66 million. 
    * Aaron's Company Inc's reported EPS for the quarter was a
loss
of 46 cents​.
    * The company reported a quarterly loss of $14.2 million.
    * Aaron's Company Inc shares had fallen by 6.4% this
quarter and
lost 35.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 120.2% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the consumer
lending
peer group is also "hold"

Wall Street's median 12-month price target for Aaron's Company
Inc is $8.00 
This summary was machine generated from LSEG data May 7 at 11:33
a.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.07          -0.15          Missed
 Dec. 31 2023      0.03           -0.26          Missed
 Sep. 30 2023      0.07           0.01           Missed
 Jun. 30 2023      0.19           0.39           Beat