01:00 PM EDT, 05/02/2024 (MT Newswires) -- Upbound Group ( UPBD ) shares slid 6% in recent Thursday trading after the company reported Q1 adjusted earnings of $0.79 per diluted share, down from $0.83 a year earlier.

Analysts polled by Capital IQ expected $0.77.

Revenue for the quarter ended March 31 was $1.10 billion, up from $1.02 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.06 billion.

The company maintained its 2024 outlook of non-GAAP diluted EPS of $3.55 to $4 on revenue of $4.00 billion to $4.20 billion. Analysts surveyed by Capital IQ expect normalized EPS of $3.76 on revenue of $4.18 billion.

Price: 29.73, Change: -1.89, Percent Change: -5.98