Rent-A-Center Inc reports results for the quarter ended in December - Earnings Summary

Upbound

23/02/2023 15:06

* Rent-A-Center Inc  RCII.OQ  reported quarterly adjusted
earnings
of 86 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was
for earnings of 74 cents per share.
    * Revenue fell 15.4% to $990.46 million from a year ago;
analysts
expected $990.42 million. 
    * Rent-A-Center Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Rent-A-Center Inc shares had risen by 20.2% this quarter.
    * The company reported quarterly net income of $2.65
million.
    * Wall Street's median 12-month price target for
Rent-A-Center Inc
is $30.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 03:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.74           0.86           Beat
 Sep. 30 2022      0.89           0.94           Beat
 Jun. 30 2022      0.99           1.15           Beat
 Mar. 31 2022      0.71           0.74           Beat