|Bid||23.30 x 900|
|Ask||23.46 x 1200|
|Day's Range||23.24 - 23.84|
|52 Week Range||9.26 - 26.75|
|Beta (3Y Monthly)||0.31|
|PE Ratio (TTM)||36.20|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.00|
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Moody's Investors Service today upgraded Rent-A-Center, Inc.'s ("Rent-A-Center", or the "Company") ratings, including its Corporate Family Rating to B1 from B2, Probability of Default rating to B1-PD from B2-PD, Senior Secured Credit Facility to Ba1 from Ba2, and Senior Unsecured debt ratings to B2 from B3. Rent-A-Center's SGL-3 Speculative Grade Liquidity rating remains unchanged. The Company's Outlook was changed to Stable from Developing.
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NEW YORK, NY / ACCESSWIRE / May 7, 2019 / Rent-A-Center, Inc. (NASDAQ: RCII ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 7, 2019 at 8:30 AM Eastern ...
Rent-A-Center (NASDAQ:RCII) reported its latest quarterly earnings results after hours today, bringing in a profit that surpassed what analysts called for, while also increasing when compared to the company's loss during the same period a year ago, yet RCII stock took a step back late Monday afternoon.Source: WikipediaThe Plano, Texas-based public furniture and electronics rent-to-own business said that for its first quarter of its fiscal 2019, it brought in a profit of $7.3 million, which is stronger than the loss the company posted during the same period in its fiscal 2018. This tallied up to roughly 13 cents per share in net income, or 59 cents per share on an adjusted basis when considering non-recurring costs.This was stronger than what analysts expected from Rent-A-Center as the Wall Street consensus estimate called for the brand to bring in adjusted earnings of 30 cents per share, according to the average estimate of six analysts who were surveyed by Zacks Investment Research.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company added that its revenue for the period tallied up to $696.7 million, which was also stronger than the Wall Street outlook as the average estimate of six analysts polled by Zacks was for sales of $683.1 million. Rent-A-Center now projects that earnings for its fiscal 2019 will be in the range of 85 cents to $2.25 cents per share, while sales will be somewhere between $2.59 billion and $2.63 billion.RCII stock was down about 3% after hours following the company's results. Shares had gained 1.2% during regular trading hours. More From InvestorPlace * 10 Cheap Stocks to Buy Now * 7 Energy Stocks to Buy to Light Up Your Portfolio * The 10 Best Stocks to Buy for May Compare Brokers The post Rent-A-Center Earnings: RCII Stock Slides Despite Q1 EPS, Sales Beats appeared first on InvestorPlace.