Aaron's (AAN) reported earnings on Fri 27 Oct 2017 (b/o)

Aaron's, Inc. is a lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers.

• Headquarters: Atlanta, GA
• Founded: June 19, 1955
• aarons.com

** charts after earnings **

  

Aaron's misses by $0.11, beats on revs; reaffirms FY17 EPS guidance, revs guidance 

• Reports Q3 (Sep) earnings of $0.43 per share, excluding non-recurring items, $0.11 worse than the Capital IQ Consensus of $0.54; revenues rose 9.1% year/year to $838.8 mln vs the $827.2 mln Capital IQ Consensus.
• Co reaffirms guidance for FY17, sees EPS of $2.45-2.65, excluding non-recurring items, vs. $2.53 Capital IQ Consensus Estimate; sees FY17 revs of $3.33-3.44 bln vs. $3.32 bln Capital IQ Consensus Estimate.
• Adjusted EBITDA for the Company, which excludes the charges and adjustments mentioned above, was $67.7 million for the third quarter of 2017, compared with $76.4 million for the same period in 2016.