Upbound Group Inc reports results for the quarter ended in June - Earnings Summary

Upbound

03/08/2023 16:13

* Upbound Group Inc  UPBD.OQ  reported quarterly adjusted
earnings
of $1.11​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 75 cents per share.
    * Revenue fell 8.6% to $979.20 million from a year ago;
analysts
expected $973.89 million. 
    * Upbound Group Inc's reported EPS for the quarter was a
loss
of 83 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Upbound Group Inc shares had risen by 9.3% this
quarter and
gained 50.8% so far this year.
    * The company reported a quarterly loss of $45.62 million.
    * Wall Street's median 12-month price target for Upbound
Group Inc
is $36.00 
    * 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 LSEG Refinitiv data
August 3 at 03:13 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.75           1.11           Beat
 Mar. 31 2023      0.66           0.83           Beat
 Dec. 31 2022      0.74           0.86           Beat
 Sep. 30 2022      0.89           0.94           Beat