earnings
confidence high
sentiment positive
materiality 0.80
Upbound Q2 revenue up 9.9%, non-GAAP EPS $1.04; raises full-year outlook
UPBOUND GROUP, INC.
2024-Q2 EPS reported
$1.10
revenue$2,172,477,000
- Revenue of $1,076.5M (+9.9% YoY); GAAP diluted EPS $0.61 vs. $(0.83) loss a year ago.
- Non-GAAP diluted EPS $1.04; Acima GMV grew 21% YoY; Rent-A-Center same-store sales +2.6%.
- FY2024 guidance raised: revenue $4.10-$4.30B, Adj. EBITDA $465-$485M, non-GAAP EPS $3.65-$4.00.
- Refinanced term loan with >60bps annual interest savings; ABL revolver extended to 2029.