Overview
Upbound Group Q2 revenue of $1.158 bln beats analyst expectations, per LSEG data
Adjusted EPS for Q2 exceeds analyst estimates, reflecting strong operational performance
Result Drivers
SPECIAL ITEMS - Legal matters and depreciation related to acquired assets contributed to non-GAAP EPS of $1.12
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.16 bln
$1.14 bln (8 Analysts)
Q2 Adjusted EPS
Beat
$1.12
$1.06 (8 Analysts)
Q2 EPS
$0.26
Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for Upbound Group Inc is $35.50, about 31.4% above its July 30 closing price of $24.36
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago
Press Release: ID:nBwPqLQza
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)