Rent-A-Center (RCII) Misses Q4 EPS by 13c

Rent-A-Center (NASDAQ: RCII) reported Q4 EPS of $0.50, $0.13 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $797 million versus the consensus estimate of $804.95 million.

Rent-A-Center sees FY2015 EPS of $2.05-$2.30.

• Core U.S. same store sales decreased by 0.6 percent, representing a sequential improvement of 300 basis points and the 4th consecutive quarterly improvement
• Acceptance Now same store sales increased 28.4 percent, Mexico same store sales increased 17.0 percent, and we opened a net of 47 Acceptance Now locations in the quarter

For earnings history and earnings-related data on Rent-A-Center (RCII) click here.

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