Upbound Group: Q3 Earnings Snapshot
PLANO, Texas (AP) — PLANO, Texas (AP) — Upbound Group, Inc. (UPBD) on Thursday reported third-quarter profit of $4.4 million.
PLANO, Texas (AP) — PLANO, Texas (AP) — Upbound Group, Inc. (UPBD) on Thursday reported third-quarter profit of $4.4 million.
Suggested Reading
The Plano, Texas-based company said it had profit of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 79 cents per share.
Related Content
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.
The company that leases furniture and appliances with an option to buy posted revenue of $979.1 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $966.5 million.
Upbound Group expects full-year earnings in the range of $3.45 to $3.55 per share, with revenue in the range of $3.95 billion to $4 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPBD at https://www.zacks.com/ap/UPBD