UPBOUND GROUP, INC. (UPBD) announced earnings for first quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $24.79 million, or $0.42 per share. This compares with $27.68 million, or $0.50 per share, last year.
Excluding items, UPBOUND GROUP, INC. reported adjusted earnings of $58.14 million or $1.00 per share for the period.
Analysts on average had expected the company to earn $0.95 per share. Analysts' estimates typically exclude special items.
UPBOUND GROUP, INC. earnings at a glance (GAAP) :
-Earnings: $24.79 Mln. vs. $27.68 Mln. last year.
-EPS: $0.42 vs. $0.50 last year.
-Guidance:
Next quarter EPS guidance: $4.00 - $4.40
Next quarter revenue guidance: $4.60 - $4.75 Bln
Full year EPS guidance: $1.00 - $1.10
Full year revenue guidance: $1.05 - $1.15 Bln
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