Aaron's Company Sees FY24 Adj. EPS $0.00-$0.25 vs $0.06 Est., Revenues $2.055B-$2.155B vs $2.12B Est.
Portfolio Pulse from Benzinga Newsdesk
Aaron's Company projects its FY24 adjusted EPS to be between $0.00 and $0.25, compared to the estimated $0.06, and forecasts revenues to range from $2.055B to $2.155B, against the estimated $2.12B.
May 06, 2024 | 8:57 pm
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Aaron's Company anticipates its FY24 adjusted EPS to be in the range of $0.00 to $0.25, which is a broad range that includes the current estimate of $0.06. The company also expects revenues to be between $2.055B and $2.155B, slightly below the consensus estimate of $2.12B.
The broad range of EPS guidance from Aaron's Company indicates uncertainty but includes the possibility of outperforming the current estimate, which could be seen positively by investors. However, the slightly lower revenue forecast compared to estimates may temper optimism, leading to a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100