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

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02/11/2022 21:43

* Rent-A-Center Inc  RCII.OQ  reported quarterly adjusted
earnings
of 94 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 89 cents per share.
    * Revenue fell 13.3% to $1.02 billion from a year ago;
analysts
expected $1.01 billion. 
    * Rent-A-Center Inc's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 29%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Rent-A-Center Inc shares had risen by 19.4% this
quarter and
lost 56.5% so far this year.
    * The company reported a quarterly loss of $5.78 million.
    * Wall Street's median 12-month price target for
Rent-A-Center Inc
is $29.00 
    * 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." 

This summary was machine generated from Refinitiv data November
2 at 09:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.89           0.94           Beat
 Jun. 30 2022      0.99           1.15           Beat
 Mar. 31 2022      0.71           0.74           Beat
 Dec. 31 2021      1.61           1.08           Missed