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Consumer CyclicalsBalancedMid CapSuper Stock

Upbound Group Q2 revenue of $1.158 bln beats estimates

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

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$1.16 bln$1.14 bln (8 Analysts)
Q2 Adjusted EPSBeat$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.)

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