Rent-A-Center Earnings: What Investors Should Watch
Rent-A-Center (NASDAQ:RCII) will report earnings after markets close on Monday, April 22nd. Rent-A-Center, Inc. operates franchised and company-owned Rent-A-Center and ColorTyme rent-to-own merchandise stores. The Company’s stores offer home electronics, appliances, furniture, and accessories under flexible rental purchase agreements. Rent-A-Center operates across the United States and Puerto Rico.
Here is your Cheat Sheet to Rent-a-center Earnings:
Earnings Expectations: Analysts expect earnings of $0.88 per share on revenues of $845.71 million. Currently, the company’s P/E ratio stands at 11.29.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.85 to a profit $0.82. For the current year, the average estimate is a profit of $3.31, which is worse than the estimate ninety days ago.
Here’s how Rent-a-center has been performing on an annual basis:
|Revenue ($) in millions||2,884||2,752||2,732||2,882||3,083|
|Diluted EPS ($)||2.08||2.52||2.60||2.66||3.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||737.48||835.25||749.70||739.31||758.38|
|Diluted EPS ($)||0.82||0.87||0.74||0.67||0.81|
Rent-a-center has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)