Investing.com - Rent-A-Center reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Rent-A-Center announced earnings per share of $0.94 on revenue of $1B. Analysts polled by Investing.com anticipated EPS of $0.93 on revenue of $1.02B.
Rent-A-Center shares are up 17.79% from the beginning of the year , still down 64.70% from its 52 week high of $55.81 set on Wednesday, November 3, 2021.
Rent-A-Center shares lost 1.02% in after-hours trade the report.
Rent-A-Center follows other major Consumer Discretionary sector earnings this month
Rent-A-Center's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar