Upbound Group Q3 revenue beats on Acima, Brigit growth

By Reuters News


Overview

  • U.S. financial solutions provider's Q3 revenue rose and beat analyst expectations

  • Adjusted EPS for Q3 beat analyst expectations

  • Company plans to repurchase up to $50 mln of its common stock


Outlook

  • Upbound Group narrows 2026 revenue outlook to $4.68-$4.78 bln

  • Company expects 2026 adjusted EBITDA of $510-$525 mln

  • Upbound Group sees 2026 non-GAAP diluted EPS at $4.15-$4.30


Result Drivers

  • ACIMA PROFITABILITY - Co said improved underwriting discipline at Acima drove higher profitability and lower lease charge-off rates

  • BRIGIT GROWTH - Co said Brigit segment delivered double-digit revenue and user growth, contributing to higher earnings

  • RENT-A-CENTER SALES - Co said Rent-A-Center segment extended same store sales growth for a fourth consecutive quarter


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$1.15 bln

$1.12 bln (6 Analysts)

Q3 Adjusted EPS

Beat

$1.01

$0.91 (6 Analysts)

Q3 EPS

$0.58

Q3 Net Income

$34 mln

Q3 Adjusted EBITDA

$123 mln

Q3 Adjusted EBITDA Margin

14.70%


Analyst Coverage

  • 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 "buy"

  • Wall Street's median 12-month price target for Upbound Group, Inc. is $26.50, about 56.7% above its October 28 closing price of $16.91

  • The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago


Reuters Recommended Reads

  • Oct 28 - PROG Holdings Q3 revenue misses estimates, announces buyback

  • Oct 27 - SoFi Technologies Q3 adjusted revenue beats on member, product growth

  • Oct 27 - PayPal tops Q3 adjusted EPS estimates, raises FY forecast


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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