Investing.com - Aaron’s reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aaron’s announced earnings per share of $0.31 on revenue of $593.40. Analysts polled by Investing.com anticipated EPS of $0.12 on revenue of $561.89M.
Aaron’s shares are up 48.74% from the beginning of the year, still down 74.44% from its 52 week high of $31.69 set on October 25, 2021.
Aaron’s shares gained 16.79% in after-hours trade following the report.
Aaron’s follows other major Consumer Discretionary sector earnings this month
Aaron’s's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on September 29 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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