Rent-A-Center is expected to report third-quarter 2018 results on Oct 29. In the last reported quarter, the company delivered a positive earnings surprise following three straight quarters of a miss.
Let’s see how things are shaping up prior to this announcement.
Which Way Are Top & Bottom-Line Estimates Headed?
The Zacks Consensus Estimate for third-quarter earnings is pegged at 29 cents, which shows considerable improvement from a loss of 15 cents in the year-ago quarter. We note that the Zacks Consensus Estimate has been stable in the last 30 days. The consensus estimate for revenues is at $635 million, reflecting a year-over-year decline of 1.4%. We note that total revenues of this Texas-based company fell almost 3.2% in the last reported quarter.
Let’s delve deeper and find out the factors impacting the results.
Rent-A-Center, Inc. Price and EPS Surprise
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Rent-A-Center is expected to report third-quarter 2018 results on Oct 29. In the last reported quarter, the company delivered a positive earnings surprise following three straight quarters of a miss.
Let’s see how things are shaping up prior to this announcement.
Which Way Are Top & Bottom-Line Estimates Headed?
The Zacks Consensus Estimate for third-quarter earnings is pegged at 29 cents, which shows considerable improvement from a loss of 15 cents in the year-ago quarter. We note that the Zacks Consensus Estimate has been stable in the last 30 days. The consensus estimate for revenues is at $635 million, reflecting a year-over-year decline of 1.4%. We note that total revenues of this Texas-based company fell almost 3.2% in the last reported quarter.
Let’s delve deeper and find out the factors impacting the results.
Rent-A-Center, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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