NASDAQ$UPBD
Upbound Group Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Upbound Group, Inc. reported its second quarter 2024 financial results, showing total revenue of $1,077 million and GAAP diluted EPS of $0.61.
Upbound Group, Inc. announced its second quarter 2024 results with total revenue reaching $1,077 million. The company reported GAAP diluted EPS of $0.61 and Non-GAAP diluted EPS of $1.04, indicating a strong performance when adjusted for special items.
- Total revenue for the second quarter of 2024 was $1,077 million.
- GAAP diluted EPS stood at $0.61 for the quarter.
- Non-GAAP diluted EPS was reported as $1.04, reflecting adjustments for special items.
- The company highlighted its omni-channel platform and financial solutions as key drivers of its business.
Headline financials
Revenue & EPS history
Upbound · Revenue · Quarterly
$1.08B
Revenue by segment
Upbound · $476M total across 1 segment · Q4 2023
- Acima$476M—100.0%
Forward guidance
The report does not contain explicit forward-looking guidance for revenue, earnings, or other financial metrics. However, it emphasizes the company's commitment to elevating financial opportunity through innovative solutions and its focus on core business activities.
Tailwinds
- Continued focus on innovative, inclusive, and technology-driven financial solutions.
- Leveraging industry-leading brands like Rent-A-Center® and Acima®.
- Expansion of customer transactions across various retail and digital channels.
- Commitment to evaluating operating performance and liquidity.
- Use of non-GAAP measures to assist management in business decision-making.
Headwinds
- No specific quantitative forward guidance provided for revenue or EPS.
- Reliance on non-GAAP measures, which have inherent limitations.
- Uncertainty related to special items, making meaningful GAAP forecasts difficult.
- Potential for non-standardized non-GAAP measures compared to other companies.
- No explicit mention of challenges or risks in the forward-looking statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.8%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.0%
Avg return
30 days after
58%
18 / 31 earnings
Positive
+19.1%
Q1 2025
Best reaction
-18.4%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.3% | -1.1% | +1.4% | |
| Q4 2025 | +6.3% | +3.5% | -17.6% | |
| Q3 2025 | -16.3% | -14.5% | -22.5% | |
| Q1 2025 | +19.1% | +17.2% | +15.3% | |
| Q3 2024 | -1.4% | -8.1% | -16.5% | |
| Q2 2024 | +0.0% | -3.8% | +23.1% | |
| Q1 2024 | +0.0% | -6.3% | -11.9% | |
| Q4 2023 | +0.0% | -3.5% | +2.4% | |
| Q3 2023 | +5.9% | +10.9% | +15.1% | |
| Q3 2022 | +0.0% | -2.8% | -11.6% | |
| Q2 2023 | -4.8% | -3.3% | -7.9% | |
| Q1 2023 | +10.2% | +16.6% | +22.8% | |
| Q2 2022 | +13.3% | +13.3% | -0.4% | |
| Q1 2022 | +4.2% | +1.9% | -3.4% | |
| Q3 2021 | -18.4% | -19.5% | -17.6% | |
| Q2 2021 | +0.3% | +4.7% | +12.9% | |
| Q1 2021 | +2.0% | -4.0% | +3.2% | |
| Q3 2020 | -4.9% | -3.9% | +9.4% | |
| Q2 2020 | +0.5% | +2.7% | -7.1% | |
| Q1 2020 | +0.9% | +1.0% | +12.9% | |
| Q3 2019 | -6.6% | -0.9% | +11.5% | |
| Q2 2019 | +5.3% | +8.7% | -1.0% | |
| Q1 2019 | -0.8% | -9.5% | -10.8% | |
| Q3 2018 | +1.5% | +1.9% | +2.5% | |
| Q2 2018 | -0.6% | -0.1% | -0.7% | |
| Q1 2018 | +0.1% | -1.7% | +5.6% | |
| Q3 2017 | +2.4% | +4.0% | +15.7% | |
| Q2 2017 | +0.9% | +4.1% | -6.0% | |
| Q1 2017 | +0.8% | +0.6% | +7.1% | |
| Q3 2016 | +3.0% | +7.1% | +23.7% | |
| Q2 2016 | -1.1% | +5.8% | +12.5% |
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