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

Upbound

04/05/2023 14:33

* Upbound Group Inc  UPBD.OQ  reported quarterly adjusted
earnings
of 83 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 66 cents per share.
    * Revenue fell 12.4% to $1.02 billion from a year ago;
analysts
expected $994.16 million. 
    * Upbound Group Inc's reported EPS for the quarter was 84
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.7%
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 9.5% this
quarter and
gained 19.1% so far this year.
    * The company reported quarterly net income of $47.33
million.
    * Wall Street's median 12-month price target for Upbound
Group Inc
is $30.50 
    * 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 May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.66           0.83           Beat
 Dec. 31 2022      0.74           0.86           Beat
 Sep. 30 2022      0.89           0.94           Beat
 Jun. 30 2022      0.99           1.15           Beat