Overview

* Upbound Group ( UPBD ) Q2 revenue of $1.158 bln beats analyst expectations, per LSEG data

* Adjusted EPS for Q2 exceeds analyst estimates, reflecting strong operational performance

Result Drivers

* SPECIAL ITEMS - Legal matters and depreciation related to acquired assets contributed to non-GAAP EPS of $1.12

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $1.16 $1.14

Revenue bln bln (8

Analysts

)

Q2 Beat $1.12 $1.06 (8

Adjusted Analysts

EPS )

Q2 EPS $0.26

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

* Wall Street's median 12-month price target for Upbound Group Inc ( UPBD ) is $35.50, about 31.4% above its July 30 closing price of $24.36

* The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)