Aaron's (AAN) Tops Q2 EPS by 10c, FY EPS Guidance Tops Views

Aaron's (NYSE: AAN) reported Q2 EPS of $0.68, $0.10 better than the analyst estimate of $0.58. Revenue for the quarter came in at $815.6 million versus the consensus estimate of $790.39 million.

GUIDANCE:

Aaron's sees FY2017 EPS of $2.45-$2.65, versus the consensus of $2.41. Aaron's sees FY2017 revenue of $3.33-3.44 billion, versus the consensus of $3.22 billion.

• Revenues of approximately $3.33 billion to $3.44 billion compared with the previous outlook of $3.10 billion to $3.31 billion.
• Adjusted EBITDA of $355 million to $378 million compared with the previous outlook of $320 million to $353 million.
• Diluted earnings per share in the range of $2.10 to $2.30 compared with the previous outlook of $1.85 to $2.10.
• Non-GAAP diluted earnings per share in the range of $2.45 to $2.65 compared with the previous outlook of $2.15 to $2.40

For earnings history and earnings-related data on Aaron's (AAN) click here.

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