UPBOUND GROUP, INC. (UPBD) revealed earnings for its third quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $30.9 million, or $0.55 per share. This compares with $4.4 million, or $0.08 per share, in last year's third quarter.
Excluding items, UPBOUND GROUP, INC. reported adjusted earnings of $53.337 million or $0.95 per share for the period.
Analysts on average had expected the company to earn $0.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 9.1% to $1.068 billion from $979.1 million last year.
UPBOUND GROUP, INC. earnings at a glance (GAAP) :
-Earnings (Q3): $30.9 Mln. vs. $4.4 Mln. last year.
-EPS (Q3): $0.55 vs. $0.08 last year.
-Revenue (Q3): $1.068 Bln vs. $979.1 Mln last year.
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