Upbound Group Inc expected to post earnings of 75  cents a share - Earnings Preview

Upbound

31/10/2023 18:49

* Upbound Group Inc  UPBD.OQ   UPBD.O  is expected to show a
fall
in quarterly revenue when it reports  results 
    * The Plano Texas-based  company is expected to report  a
5.4% decrease in revenue to $968.564 million from $1.02 billion
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$950.00 million and $980.00 million.
    * ​Refinitiv's mean analyst estimate for Upbound Group Inc
is for
earnings of 75 cents per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
$0.70 and $0.80 
    * 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 Upbound
Group Inc
is $39.5​, above​ its last closing price of $26.03. ​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD950 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  
 Jun. 30 2023  0.76        0.75       1.11      Beat    48.2
 Mar. 31 2023  0.67        0.66       0.83      Beat    26
 Dec. 31 2022  0.74        0.74       0.86      Beat    16.6​
 Sep. 30 2022  0.89        0.89       0.94      Beat    5.6
 ​​Jun.        0.99        0.99       1.15      Beat    16
 30 2022                                                
 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
 This summary was machine generated October 31 at 18:49 GMT.  All
figures in US dollars  unless otherwise stated