Rent-A-Center Inc expected to post earnings of $1.50 a share - Earnings Preview

Upbound

02/11/2021 02:07

* Rent-A-Center Inc  RCII.OQ   RCII.O  is expected to show a
rise in quarterly revenue when it reports  results on November
3. 
* The Plano, Texas-based company is expected to report  a
66.0% increase in revenue to $1.182 billion from $712.02 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Rent-A-Center Inc is
for earnings of $1.50 per share. For the same quarter last year,
the company reported earnings of $1.04 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 7 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Rent-A-Center
Inc is $72​, about 24.3% above​ its last closing price
of $54.52. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   1.36        1.35       1.63      Beat    20.5
 Mar. 312021   1.14        1.12       1.32      Beat    17.4
 Dec. 312020   1.05        1.02       1.03      Beat    1.3​
 Sep. 302020   1.02        1.02       1.04      Beat    1.7
 ​​Jun.        0.61        0.60       0.80      Beat    32.4
 302020                                                 
 Mar. 312020   0.58        0.58       0.67      Beat    15.1​
 Dec. 312019   0.56        0.57       0.58      Beat    1.6
 Sep. 302019   0.50        0.50       0.47      Missed  -5.8
 This summary was machine generated November 2 at 02:07 GMT.  All
figures in US dollars unless otherwise stated