Rent-A-Center Q1 Earnings Preview
Rent-A-Center (NASDAQ: RCII) will be releasing its next round of earnings this Monday, May 6. For all of the relevant information, here is your guide for Monday's first-quarter earnings announcement.
Earnings and Revenue
Based on Rent-A-Center management projections, analysts predict EPS of 32 cents on revenue of $680.76 million.
Rent-A-Center reported a per-share loss of 8 cents when it published results during the same quarter last year. Sales in that period totaled $698 million. Revenue would be down 2.48 percent on a year-over-year basis. Rent-A-Center's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.2 | 0.23 | 0.24 | 0.08 | -0.07 |
EPS Actual | 0.35 | 0.32 | 0.47 | -0.08 | -0.41 |
Stock Performance
Shares of Rent-A-Center were trading at $24.75 as of May 3. Over the last 52-week period, shares are up 158.89 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Rent-A-Center stock as Neutral. The strength of this rating has maintained conviction over the past three months.
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