Rent-A-Center Q2 Profit Beats Estimates - Quick Facts

(RTTNews) - Rent-A-Center, Inc. (RCII) reported second-quarter net income of $23.2 million compared to $17.7 million, a year ago. Earnings per share was $0.43 compared to $0.33. Earnings per share, excluding special items, was $0.50, for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.49 for the quarter. Analysts' estimates typically exclude special items.

Consolidated total revenues increased 6.1 percent to $815.3 million and same store sales increased 7.5 percent over the prior year. Core U.S. same store sales increased by 1.4 percent. Analysts expected revenue of $813.41 million for the quarter.

Consistent with the original 2015 guidance, Rent-A-Center expects third quarter EPS in the range of $0.40 to $0.46, and fourth quarter EPS of $0.63 to $0.72. The company expects full year 2015 EPS of $2.05 to $2.20. Analysts expect the company to report full year earnings per share of $2.13.