Last quarter Rent-A-Center (NASDAQ:RCII) beat estimates by 3 cents per share and it is up again on Monday, July 23, 2012.
Analysts currently expect Rent-A-Center to come in with earnings of 71 cents per share on revenues of $755.5 million. Estimates range from 68 cents per share to 75 cents per share. Over the past three months, the average estimate has moved down from 75 cents.
The stock price has been falling recently The share price has fallen $1.83 since July 5, 2012. Looking at change over the last three months, April 19, 2012 and July 16, 2012, the stock price fell $3.82 (-10.3%), from $37.05 to $33.23.
Company Fundamental Trends
Analysts are bullish on the stock as seven analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 17.4% to $51.9 million (87 cents a share) from $44.2 million (69 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 12.5% to $835.3 million from $742.2 million.
Reporting Period: 2Q
Date of Release: Monday, July 23, 2012
EPS: 71 cents
Revenue Estimate: $755.5 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)