Upbound Group's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Upbound Group (NASDAQ:UPBD) is scheduled to release its quarterly earnings report on February 22, 2024. Analysts predict an EPS of $0.77. Historically, the company has surpassed EPS estimates, leading to positive stock price movements. Last quarter, UPBD beat the EPS estimate by $0.04, resulting in a 3.29% share price increase the following day. Over the past year, UPBD shares have risen by 20.44%, indicating a bullish sentiment among long-term investors.
February 21, 2024 | 5:01 pm
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Upbound Group is expected to report an EPS of $0.77 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Shares have increased by 20.44% over the last year, indicating a strong performance.
Given UPBD's history of surpassing EPS estimates and the subsequent positive impact on its stock price, it's likely that a similar outcome could occur if the company beats the current estimate. The historical data provided shows a clear correlation between earnings performance and stock price movement, suggesting investor confidence in UPBD's financial health.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100