Upbound Group, Inc. (UPBD) announced on Thursday that it has adjusted its annual financial guidance, aligning it with prevailing analyst forecasts.
For the entire fiscal year, Upbound now projects its adjusted earnings per share to range between $3.75 and $3.90. This marks a revision from its previous estimate of $3.65 to $4.00. On average, the eight analysts surveyed by Thomson Reuters anticipate an earnings figure of $3.74 per share for the year. It should be noted that these analyst projections typically exclude any special items.
Regarding revenue, the company now forecasts annual earnings of $4.20 to $4.30 billion, a slight refinement from its former guidance range of $4.10 to $4.30 billion. Analysts, on the whole, expect Upbound to achieve a revenue figure of $4.27 billion for the year.
