Rent-A-Center Inc expected to post earnings of 74cents a share - Earnings Preview

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21/02/2023 17:21

* Rent-A-Center Inc  RCII.OQ   RCII.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 23. 
    * The Plano Texas-based  company is expected to report  a
15.5% decrease in revenue to $990.417 million from $1.17 billion
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. The company's guidance on November 2
2022, for the period ended December 31, was for revenue between
$975.00 million and $1.03 billion.
    * ​Refinitiv's mean analyst estimate for Rent-A-Center Inc
is for
earnings of 74 cents per share. The company's EPS guidance on
November 2 2022, for the period ended December 31, was between
$0.65 and $0.85 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 $30​, above​ its last closing price of $27.98. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD975 million and
USD110 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.89        0.89       0.94      Beat    5.6
 Jun. 30 2022  0.99        0.99       1.15      Beat    16
 Mar. 31 2022  0.71        0.71       0.74      Beat    4.9​
 Dec. 31 2021  1.61        1.61       1.08      Missed  -33
 ​​Sep.        1.51        1.54       1.52      Missed  -1.1
 30 2021                                                
 Jun. 30 2021  1.36        1.35       1.63      Beat    20.5​
 Mar. 31 2021  1.14        1.12       1.32      Beat    17.4
 Dec. 31 2020  1.05        1.02       1.03      Beat    1.3
 This summary was machine generated February 21 at 17:21 GMT. 
All figures in US dollars  unless otherwise stated