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

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Rent-A-Center (RCII) Tops Q3 EPS by 2c, Guides EPS Below the Street

October 26, 2016 4:47 PM EDT

Rent-A-Center (NASDAQ: RCII) reported Q3 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $693.88 million versus the consensus estimate of $701.27 million.

GUIDANCE:

Rent-A-Center sees FY2016 EPS of $1.05-$1.15, versus the consensus of $1.29.

As previously announced, our third quarter operating results were negatively impacted by unexpected capacity-related system outages following... More