Upbound Group reports Q4 EPS $1.05, consensus $1.03

Last night, the company also reported Q4 revenue $1.08B, consensus $1.06B. For Acima Leasing: GMV increased 15.3% year-over-year, the fifth consecutive quarter of double-digit GMV growth. Growth in GMV was primarily due to an increase in retailer locations, retailer productivity, and our expanding direct-to-consumer offerings. Revenues of $581.1 million increased 14.4% yearover-year, driven by increases in both rentals and fees revenue and merchandise sales revenue. For Rent-A-Center segment: Same store sales were flat year-over-year, an improvement from a 1.6% decrease in the fourth quarter of 2023. Revenues of $444.0 million decreased 3.3% yearover-year, driven by lower rentals and fees revenue on a smaller portfolio, a result of the sale of 55 stores to a Rent-A-Center franchisee and store consolidation.”