Aarons Q1 2024 Adj EPS $(0.15) Misses $(0.07) Estimate, Sales $511.497M Miss $516.663M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aarons (NYSE:AAN) reported Q1 2024 adjusted EPS of $(0.15), missing the $(0.07) estimate, with sales of $511.497M also missing the $516.663M estimate. This represents a 122.73% decrease in earnings and a 7.73% decrease in sales from the same period last year.
May 06, 2024 | 8:41 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Aarons reported a significant miss in Q1 2024 earnings and sales, with adjusted EPS at $(0.15) and sales of $511.497M, both below estimates.
The significant miss in both earnings and sales compared to analyst estimates, along with a substantial year-over-year decrease in earnings and sales, is likely to negatively impact investor sentiment and Aarons' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100