Rent-A-Center Earnings Preview
Investors never know what to expect for Rent-A-Center (NAS: RCII) , as it has wavered between topping and missing analysts estimates during the past fiscal year. The company will unveil its latest earnings on Monday. Rent-A-Center is an operator in the United States rent-to-own industry.
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Rent-A-Center, with eight of 11 rating it a buy and the remainder rating it a hold. Analysts like Rent-A-Center better than competitor Aaron's overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $697.5 million in revenue this quarter. That would represent a rise of 5% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.58 per share. Estimates range from $0.56 to $0.61.
What our community says:
CAPS All-Stars are solidly backing the stock with 91.1% awarding it an outperform rating. The community at large backs the All-Stars with 83.3% granting it a rating of outperform. Fools have embraced Rent-A-Center, though the message boards have been quiet lately with only 79 posts in the past 30 days. Despite the majority sentiment in favor of Rent-A-Center, the stock has a middling CAPS rating of three out of five stars.
Rent-A-Center's income has fallen year over year by an average of 12% over the past five quarters. Revenue has now gone up for three straight quarters.
One final thing: If you want to keep tabs on Rent-A-Center movements, and for more analysis on the company, make sure you add it to your watchlist.
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At the time this article was published
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