10:58 AM EDT, 10/31/2024 (MT Newswires) -- 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