RCII - Rent-A-Center Non-GAAP EPS of $0.74 beats by $0.03 revenue of $1.2B beats by $90M; reaffirms FY22 and issues Q2 guidance

Rent-A-Center press release (NASDAQ:RCII): Q1 Non-GAAP EPS of $0.74 beats by $0.03. Revenue of $1.2B (+15.4% Y/Y) beats by $90M. Company Reiterates Full Year 2022 Guidance: Revenues of $4.450B - $4.600B vs. consensus of $4.51B; Non-GAAP Diluted earnings per share of $4.50 - $5.00 vs. consensus of $4.69; Adjusted EBITDA of $515M - $565M and Free cash flow of $390M - $440M. For Q2 2022: Revenues of $1.045B - $1.075B vs. consensus of $1.13B; Non-GAAP Diluted earnings per share of $0.95 - $1.10 vs. consensus of $1.30; Adjusted EBITDA of $114M - $127M.

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Rent-A-Center Non-GAAP EPS of $0.74 beats by $0.03, revenue of $1.2B beats by $90M; reaffirms FY22 and issues Q2 guidance