Rent-A-Center (RCII) Misses Q2 EPS by 8c, FY Guidance Falls Short

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Rent-A-Center, Inc. Reports Second Quarter 2016 Results

July 27, 2016 4:15 PM EDT

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced results for the quarter ended June 30, 2016.

Notable Items for the Quarter

Explanations of performance are compared to the prior year unless otherwise noted

GAAP Basis

Diluted earnings per share was $0.19 compared to $0.43 for the second quarter of 2015

Excluding Special Items (see "Non-GAAP Reconciliation" and related tables below)

Diluted earnings per share was $0.41 compared to $0.50 for the second quarter of 2015 Consolidated total revenues... More