Upbound Group, Inc. ( (UPBD) ) has released its Q4 earnings. Here is a breakdown of the information Upbound Group, Inc. presented to its investors.
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Upbound Group, Inc., headquartered in Plano, Texas, operates in the financial solutions sector, providing accessible services to underserved consumers through its brands like Acima®, Brigit™, and Rent-A-Center® across the United States, Mexico, and Puerto Rico.
The company recently reported its financial results for the fourth quarter and full year of 2024, revealing substantial revenue figures and earnings per share for both periods.
For the fourth quarter, Upbound Group achieved a total revenue of $1,079 million, with a GAAP diluted earnings per share (EPS) of $0.55 and a non-GAAP diluted EPS of $1.05. For the full year, the company reported a total revenue of $4.3 billion, alongside a GAAP diluted EPS of $2.21 and a non-GAAP diluted EPS of $3.83. The adjustments to non-GAAP results account for several special items, including depreciation, legal matters, transaction fees, and tax-related items.
As the company moves forward, Upbound Group’s management remains focused on leveraging its technology and data-driven approach to continue serving the evolving financial needs of its customer base, indicating a steady outlook for the upcoming year.
