earnings
confidence high
sentiment positive
materiality 0.80
Upbound Group Q3 revenue up 9.2% to $1.07B; Non-GAAP EPS $0.95 beats $0.79; FY guidance tightened upward
UPBOUND GROUP, INC.
2024-Q3 EPS reported
$1.66
revenue$3,241,336,000
- Consolidated revenue $1,068.9M (+9.2% YoY); GAAP EPS $0.55 vs $0.08; Non-GAAP EPS $0.95 vs $0.79.
- Acima GMV grew 13% YoY to $436.1M; segment revenue up 19.1% to $566.2M; LCO improved to 9.2%.
- Rent-A-Center same-store sales up 2.6% for second consecutive quarter; segment revenue $458.7M (+1.1% YoY).
- FY 2024 guidance tightened: revenue $4.20-$4.30B; Adj. EBITDA ex SBC $470-$480M; Non-GAAP EPS $3.75-$3.90.
- Adjusted EBITDA $116.9M (+10.3% YoY); free cash flow $88.3M; liquidity ~$600M at quarter end.