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Upbound Group Q2 2024 Earnings Report

$30.15 +0.74 (+2.52%)
(As of 12/20/2024 05:31 PM ET)

Upbound Group EPS Results

Actual EPS
$1.04
Consensus EPS
$1.03
Beat/Miss
Beat by +$0.01
One Year Ago EPS
$1.11

Upbound Group Revenue Results

Actual Revenue
$1.08 billion
Expected Revenue
$1.03 billion
Beat/Miss
Beat by +$42.48 million
YoY Revenue Growth
+10.00%

Upbound Group Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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Upbound Group Earnings Headlines

3 Tech Stocks Under $50 With High Upside Potential
Craig-Hallum Remains a Buy on Upbound Group (UPBD)
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Upbound Group to acquire Brigit for up to $460M
See More Upbound Group Headlines
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About Upbound Group

Upbound Group (NASDAQ:UPBD) leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories. It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.

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