Upbound Group, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Upbound Group, Inc. reported quarterly adjusted earnings of $1.01​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.00. The mean expectation of six analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 87 cents to 96 cents per share.

• Revenue fell 1.6% to $1.15 billion from a year ago; analysts expected $1.12 billion.

• Upbound Group, Inc.'s reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $34.27 million.

• Upbound Group, Inc. shares had risen by 7.7% this quarter and lost 3.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"

• Wall Street's median 12-month price target for Upbound Group, Inc. is $26.50, about 36.2% above its last closing price of $16.91

This summary was machine generated from LSEG data October 29 at 06:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)