Aaron's, Inc. (NYSE:AAN) is set to announce second quarter earning results on Wednesday 29th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, AAN to report 2Q20 income of $ 0.78 per share from revenue of $ 973.20 million.
For the full year, analysts anticipate top line of $ 4081.82 million, while looking forward to income of $ 3.22 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 975.00 million ~ $ 1,000.00 million
Full Year 2020 topline are forecasted in a range of$ 4,150.00 million ~ $ 4,300.00 million, where as bottomline are predicted in a range of $ 3.80 ~ $ 4.00 per share
Click Here For More Historical Outlooks Of Aaron's, Inc.
Previous Quarter Performance
Aaron's, Inc. unveiled income for the first quarter of $ 0.85 per share, from the revenue of $ 1,101.00 million. The quarterly earnings contracted 21.30 percent while revenues up 8.78 percent compared with the same quarter last year.
Wall street analysts are predicting, AAN to report 1Q20 income of $ 0.77 per share from revenue of $ 1046.66 million. The bottom line results beat street analysts by $ 0.08 or 10.39 percent, at the same time, top line results outshined analysts by $ 54.34 million or 5.19 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of AAN was $ 45.17, representing a 247.19 % increase from the 52 week low of $ 13.01 and a 42.57 % decrease over the 52 week high of $ 78.65.
The company has a market capital of $ 3.05 billion and is part of the Services sector and Rental & Leasing Services industry.
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Recent Analyst recommendations
- On 4th June 2020, maintained by SunTrust Robinson Humphrey at Buy rating, with $ 50.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.04 per share on May 13, 2020. The dividend were payable on July 7, 2020 to holders of record as of the close of business on June 18, 2020 and ex-dividend date on June 17, 2020.
Conference Call
Aaron's, Inc. will be hosting a conference call at 8:30 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.aarons.com
Aarons, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in three segments: Progressive Leasing, Aarons Business, and DAMI.
