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Stock impact report

Upbound (UPBD) Q4 Earnings Top Estimates, Sales Increase Y/Y [Yahoo! Finance]

Upbound Group, Inc. (UPBD) 
Company Research Source: Yahoo! Finance
The company's revenues increased, while earnings declined year over year. Markedly, shares of the company jumped 5.7% on Feb 22. The stock has rallied 26.7% in tandem with the industry's growth in the past year. Upbound Group, Inc. Price, Consensus and EPS Surprise Upbound Group, Inc. price-consensus-eps-surprise-chart | Upbound Group, Inc. Quote Q4 in Detail Upbound posted adjusted earnings of 81 cents per share, surpassing the Zacks Consensus Estimate of 77 cents. However, the bottom line dipped from 86 cents in the year-ago quarter. Total revenues of $1,018.1 million came above the consensus estimate of $996 million. The metric increased 2.8% year over year, mainly due to higher rentals and fees, which compensated for the decline in revenues from merchandise sales. Adjusted EBITDA was $107.6 million, down 2.2% year over year. An increase in adjusted EBITDA from the Acima segment was negated by a decrease in the same metric from the Rent-A-Center segment and an increas Show less Read more
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