Aaron's, Inc. Reports Second Quarter Revenue and Earnings

Go back to Aaron's, Inc. Reports Second Quarter Revenue and Earnings

Aaron's (AAN) PT Raised to $70 at Jefferies as Segments Split to Unlock Value

July 30, 2020 10:48 AM EDT

Jefferies analyst Kyle Joseph raised the price target on Aaron's (NYSE: AAN) to $70.00 (from $63.00) while maintaining a Buy rating, citing a model update, valuation sensitivity, and AAN's split into two companies as the segments become less symbiotic and the timing becomes more... More

Aaron's (AAN) Tops Q2 EPS by 40c, Offers Q3 Guidance

July 29, 2020 7:05 AM EDT

Aaron's (NYSE: AAN) reported Q2 EPS of $1.18, $0.40 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1 billion versus the consensus estimate of $973.2 million.

GUIDANCE:

Aaron's sees Q3 2020 EPS of $0.80-$0.90, versus the consensus of $0.62. Aaron's sees Q3... More