Aarons Q2 2024 Adj. EPS $(0.07) Misses $0.04 Estimate, Sales $503.125M Miss $515.674M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aarons (NYSE:AAN) reported Q2 2024 adjusted EPS of $(0.07), missing the $0.04 estimate by 275%. Sales were $503.125M, missing the $515.674M estimate by 2.43% and down 5.14% from last year.
August 05, 2024 | 8:11 pm
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NEGATIVE IMPACT
Aarons reported Q2 2024 adjusted EPS of $(0.07), significantly missing the $0.04 estimate by 275%. Sales were $503.125M, missing the $515.674M estimate by 2.43% and down 5.14% from last year.
Aarons' significant miss on both EPS and sales estimates, along with a year-over-year sales decline, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100