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Aaron's Inc Issues Q2 2013 Guidance; EPS Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance


Thursday, 25 Apr 2013 04:41pm EDT 

Aaron's Inc announced that for the second quarter of 2013, it expects revenues (excluding revenues of franchisees) of approximately $565 million and diluted earnings per share (EPS) in the range of $.45 to $.49 per share. For fiscal 2013, it expects revenues (excluding revenues of franchisees) of approximately $2.35 billion, a decrease over the previous guidance of approximately $2.4 billion and diluted earnings per share (EPS) in the range of $2.11 to $2.23, a decrease from the previous guidance of $2.25 to $2.41. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $2.4 billion and EPS of $2.31 for fiscal 2013; and revenue of $583 million and EPS of $0.54 for the second quarter of 2013. 

Company Quote

28.66
-0.88 -2.98%
4:04pm EDT