RCII Stock Recent News

Recent Rent-A-Center, Inc. quarterly figures show declining sales and earnings per share. The recently acquired Acima in particular performed poorly. The Rent-A-Center stock valuation metrics show a favorable picture.

Rent-A-Center's (RCII) second-quarter 2022 sales fall year over year due to the soft performance at the segments and lower same-store sales.

Rent-A-Center, Inc. (NASDAQ:RCII ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Brendan Metrano - Vice President, Investor Relations Mitch Fadel - Chief Executive Officer Maureen Short - Chief Financial Officer Conference Call Participants Jason Haas - Bank of America Bobby Griffin - Raymond James Kyle Joseph - Jefferies Brad Thomas - KeyBanc Capital Markets John Rowan - Janney Operator Good day and thank for standing by. Welcome to the Rent-A-Center's Second Quarter 2022 Earnings Conference Call.

Lease-to-own may not be the most glamorous business model, but there are some exciting opportunities in the space.

Don't overlook this lease-to-own company with a dividend yield approaching 7%.

RCII is trading at approximately 4x FCF with no prospects of an imminent decline in FCF. A conservative valuation dictates that RCII's intrinsic value is >5x its current market value.

Rent-A-Center (RCII) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Rent-A-Center, in the past, was a slow-growth, unprofitable business, but since the Acima purchase, the company has bolstered profits. The business saw a poor Q1 2022, but the consensus low EPS estimate is still $4.50 per share.

Rent-A-Center (RCII) reported earnings 30 days ago. What's next for the stock?

Rent-A-Center's (RCII) first-quarter 2022 revenues grow year over year on solid gains from the Acima buyout as well as increases in the Acima and Mexico business units.