Upbound Group Inc expected to post earnings of 77 cents a share - Earnings Preview

Upbound

30/04/2024 16:46

* Upbound Group Inc  UPBD.OQ   UPBD.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Plano Texas-based  company is expected to report a
3.3% increase in revenue to $1.05 billion from $1.02 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.The company's guidance on February 22 2024, for the
period ended March 31, was for revenue between $1.04 billion and
$1.07 billion.
    * ​LSEG's mean analyst estimate for Upbound Group Inc is for
earnings of 77 cents per share. The company's EPS guidance on
February 22 2024, for the period ended March 31, 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," 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 Upbound
Group Inc
is $41.00​, above​ its last closing price of $31.73. ​​​

The company's guidance on February 22 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.03638222 billion and USD96.0174
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.77        0.77       0.81      Beat    4.7
 Sep. 30 2023  0.76        0.75       0.79      Beat    5.2
 Jun. 30 2023  0.76        0.75       1.11      Beat    48.2​
 Mar. 31 2023  0.67        0.66       0.83      Beat    26
 ​​Dec.        0.74        0.74       0.86      Beat    16.6
 31 2022                                                
 Sep. 30 2022  0.89        0.89       0.94      Beat    5.6​
 Jun. 30 2022  0.99        0.99       1.15      Beat    16
 Jan. 1 0001   0.71        0.71       0.74      Beat    4.9
 This summary was machine generated April 30 at 15:46 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)