Rent-A-Center Inc expected to post earnings of 89cents a share - Earnings Preview

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01/11/2022 02:09

* Rent-A-Center Inc  RCII.OQ   RCII.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 2. 
    * The Plano Texas-based  company is expected to report  a
14.4% decrease in revenue to $1.011 billion from $1.18 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. The company's guidance on September 29 2022,
for the period ended September 30, was for revenue between $1.00
billion and $1.02 billion.
    * ​Refinitiv's mean analyst estimate for Rent-A-Center Inc
is for
earnings of 89 cents per share. The company's EPS guidance on
September 29 2022, for the period ended September 30, was
between USD0.85 and USD0.95 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $29​, above​ its last closing price of $20.85. ​​​

The company's guidance on September 29 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1 billion and USD120
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  
 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. 30 2021  1.51        1.54       1.52      Missed  -1.1
 ​​Jun.        1.36        1.35       1.63      Beat    20.5
 30 2021                                                
 Mar. 31 2021  1.14        1.12       1.32      Beat    17.4​
 Dec. 31 2020  1.05        1.02       1.03      Beat    1.3
 Sep. 30 2020  1.02        1.02       1.04      Beat    1.7
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated