Upbound Group Inc UPBD.OQ reported quarterly adjusted earnings of $1.12 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.04. The mean expectation of eight analysts for the quarter was for earnings of $1.06 per share. Wall Street expected results to range from $1.02 to $1.09 per share.
Revenue rose 7.5% to $1.16 billion from a year ago; analysts expected $1.14 billion.
Upbound Group Inc's reported EPS for the quarter was 26 cents.
The company reported quarterly net income of $15.49 million.
Upbound Group Inc shares had fallen by 2.9% this quarter and lost 16.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"
Wall Street's median 12-month price target for Upbound Group Inc is $35.50, about 31.4% above its last closing price of $24.36
This summary was machine generated from LSEG data July 31 at 01:32 p.m. UTC. 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)