earnings
confidence high
sentiment negative
materiality 0.75
Rent-A-Center Q3 revenue down 13.3% to $1.024B; non-GAAP EPS $0.94
UPBOUND GROUP, INC.
2022-Q3 EPS reported
$0.16
revenue$3,254,933,000
- Q3 revenue $1.024B (-13.3% YoY); GAAP diluted loss $0.10/share; non-GAAP EPS $0.94 (vs $1.52).
- Adjusted EBITDA $115M (-34.6% YoY); margin 11.2% vs 14.9% prior year.
- Acima GMV fell 23% YoY; Rent-A-Center same-store sales -5.3%; skip/stolen losses up in both segments.
- Q4 2022 guidance: revenue $0.975B-$1.025B, non-GAAP EPS $0.65-$0.85, Adj. EBITDA $95M-$110M.
- Repurchased $75M of shares during Q3 and Oct (3.537M shares at avg $21.21).