Rent-A-Center, Inc. Reports First Quarter 2021 Results

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Rent-A-Center (RCII) Tops Q1 EPS by 21c, Revenues Beat; Raises FY21 Revenues Guidance Above Consensus, FY21 EPS Mid-Point Views Above Consensus

May 5, 2021 5:37 PM EDT

Rent-A-Center (NASDAQ: RCII) reported Q1 EPS of $1.32, $0.21 better than the analyst estimate of $1.11. Revenue for the quarter came in at $997.02 million versus the consensus estimate of $955.96 million.

Consolidated Revenues of $1.0 Billion, up 24.8%1 on a Pro Forma BasisAcima Segment Pro Forma Revenue Growth of 30.2%1Acima Segment Invoice Volume of $506 million, up 28%1 on a Pro Forma BasisRent-A-Center Business Same Store Sales of 23.4%Diluted EPS of $0.64; Non-GAAP Diluted EPS of $1.32Increases Consolidated Full Year... More