Upbound Group Reports Strong Q3 Results and Raises Full-Year Earnings Outlook
Upbound Group (UPBD) reported third-quarter revenue of $1.15 billion, reaching the high end of its previous guidance. The company outperformed expectations across key metrics, reporting adjusted EBITDA of $123 million and non-GAAP earnings per share (EPS) of $1.01, both of which exceeded the top end of management's projections. Following these results, Upbound Group has raised its full-year non-GAAP EPS outlook to a range of $4.15–$4.30. For the upcoming fourth quarter, the company forecasts revenue between $1.15 billion and $1.25 billion, signaling continued confidence in its operational performance.
Tickers: $UPBD
Topics: earnings beat EBITDA EPS revenue