Rent-A-Center Beats, Keeps Guidance
Rent-A-Center Inc. (NASDAQ:RCII), one of the largest rent-to-own operators, recently delivered better-than-expected first-quarter 2012 results. The quarterly earnings of 87 cents a share outdid the Zacks Consensus Estimate of 84 cents, and increased 10.1% from 79 cents earned in the prior-year quarter, aided by growth in the top line. On a reported basis, including one-time [...]
Rent-A-Center Inc. (NASDAQ:RCII), one of the largest rent-to-own operators, recently delivered better-than-expected first-quarter 2012 results. The quarterly earnings of 87 cents a share outdid the Zacks Consensus Estimate of 84 cents, and increased 10.1% from 79 cents earned in the prior-year quarter, aided by growth in the top line.
On a reported basis, including one-time items, the quarterly earnings reflected a growth of 26.1% from 69 cents delivered in the year-ago quarter.
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