Upbound Group Q2 EPS $1.11 Beats $0.72 Estimate, Sales $979.20M Beat $968.05M Estimate
Portfolio Pulse from Happy Mohamed
Upbound Group (NASDAQ:UPBD) reported Q2 earnings of $1.11 per share, beating the analyst consensus estimate of $0.72 by 54.17%. However, this is a 3.48% decrease from the same period last year.
August 04, 2023 | 1:02 pm
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Upbound Group's Q2 earnings surpassed analyst estimates by 54.17%, but decreased by 3.48% compared to the same period last year.
While Upbound Group's earnings beat estimates, which is generally positive for the stock, the year-over-year decrease could be a concern for investors. The net impact on the stock is uncertain in the short term.
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IMPORTANCE 80
RELEVANCE 100