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

Aaron's

05/08/2024 22:20

* Aaron's Company Inc  AAN.N  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of 39
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 4 cents per share. Wall Street expected
results to range from -2 cents to 8 cents per share.
    * Revenue fell 5.1% to $503.13 million from a year ago;
analysts
expected $515.67 million. 
    * Aaron's Company Inc's reported EPS for the quarter was a
loss
of 39 cents​.
    * The company reported a quarterly loss of $11.9 million.
    * Aaron's Company Inc shares had risen by 0.5% this
quarter and
lost 7.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"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 $10.10 
This summary was machine generated from LSEG data August 5 at
09:20 p.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
 Jun. 30 2024      0.04           -0.07          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