Aaron's, Inc. Reports Third Quarter 2016 Results

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Go back to Aaron's, Inc. Reports Third Quarter 2016 Results

Aaron's (AAN) Tops Q3 EPS by 4c; Announces Further Restructuring Measures; Narrows FY16 EPS Outlook

October 28, 2016 7:26 AM EDT

Aaron's (NYSE: AAN) reported Q3 EPS of $0.50, $0.04 better than the analyst estimate of $0.46. Revenue for the quarter came in at $769 million versus the consensus estimate of $778.73 million.

Further Steps to Restructure Core Business

During the third quarter, the Company implemented a range of expense reductions to drive further cost efficiencies in the core business. In addition, as previously disclosed, the Company continues to review... More