Rent-A-Center Earnings: What Investors Should Watch

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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.

Analyst Trends:

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.

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Earnings Trends:

Here’s how Rent-a-center has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)

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