Upbound Group (UPBD) shares were up nearly 9% in recent trading Thursday after the company posted higher and stronger-than-expected Q3 adjusted earnings and revenue.
The company reported Q3 non-GAAP earnings Thursday of $0.95 per diluted share, up from $0.79 a year earlier.
Analysts polled by Capital IQ expected $0.93.
Revenue for the quarter ended Sept. 30 was $1.07 billion, compared with $979.1 million a year earlier.
Analysts polled by Capital IQ expected $1.04 billion.
The company revised its full-year guidance and now expects non-GAAP EPS of $3.75 to $3.90, from the previous range of $3.65 to $4.00, and revenue of $4.2 billion to $4.3 billion, from $4.1 billion to $4.3 billion previously. Analysts polled by Capital IQ expect $3.75 in adjusted EPS on revenue of $4.28 billion.
Price: 29.45, Change: +2.37, Percent Change: +8.75
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