Rent-A-Center: Here’s What Investors Need to Know Before Earnings
Rent-A-Center Inc. (NASDAQ:RCII) will report earnings after markets close on Monday, July 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 $0.75 per share on revenues of $779.38 million. Currently, the company’s P/E ratio stands at 13.38.
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 $0.73 to a profit $0.69. For the current year, the average estimate is a profit of $3.08, which is worse than the estimate ninety days ago.
Here’s how Rent-a-center has been performing on an annual basis:
|Revenue ($) in millions||2,884||2,752||2,732||2,882||3,083|
|Diluted EPS ($)||2.10||2.52||2.60||2.66||3.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||749.70||739.31||758.38||819.28|
|Diluted EPS ($)||0.74||0.67||0.81||0.80|
Rent-a-center has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)