Rent-A-Center, Inc. Reports Fourth Quarter and Year End 2018 Results

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Rent-A-Center (RCII) PT Raised to $20 at Loop Capital

February 26, 2019 1:29 PM EST

Loop Capital analyst Anthony Chukumba raised the price target on Rent-A-Center (NASDAQ: RCII) to $20.00 (from $15.00) while maintaining a Hold rating.

The analyst commented, "Rent-A-Center's impressive and somewhat unexpected turnaround continued in 4Q 2018, with top-line growth, profitability, and earnings all coming in well ahead of... More

Rent-A-Center (RCII) Tops Q4 EPS by 15c, Revenues Beat; Offers FY18 EPS Mid-Point Guidance Above Consensus

February 25, 2019 4:34 PM EST

Rent-A-Center (NASDAQ: RCII) reported Q4 EPS of $0.35, $0.15 better than the analyst estimate of $0.20. Revenue for the quarter came in at $661.75 million versus the consensus estimate of $656.78 million.

"When I returned to Rent-A-Center last January as CEO, we focused the Companys strategy on optimizing the cost structure, increasing store traffic through an enhanced value proposition and growing our... More