Aaron’s (NYSE:AAN) stock is falling hard on Tuesday following the release of the retail company’s earnings report for the fourth quarter of 2023.The bad news for AAN stockholders starts with the company’s adjusted earnings per share of -26 cents. That’s nowhere close to the 3 cents per share that Wall Street was expecting for the quarter. It’s also worse than the 9 cents per share reported in the same period of the year prior.Also not helping AAN stock today is the company’s revenue of $529.5 million. That ...

For the quarter ended December 2023, Aaron's Company, Inc. (AAN) reported revenue of $529.48 million, down 10.2% over the same period last year. EPS came in at -$0.26, compared to $0.09 in the year-ago quarter.The reported revenue represents a surprise of -2.47% over the Zacks Consensus Estimate of $542.88 million. With the consensus EPS estimate being $0.03, the EPS surprise was -966.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

Aaron's Company, Inc. (AAN) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -966.67%. A quarter ago, it was expected that this specialty retail would post earnings of $0.06 per share when it actually produced earnings of $0.01, delivering a surprise of -83.33%.Over the last four quarters, the compa ...

ATLANTA, Feb. 26, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.125 per share and declared such dividend payable on April 3, 2024, to shareholders of record as of the close of business on March 14, 2024. About The Aaron's Company, Inc. Headquartered in Atlanta, The Aaron's Company, Inc. is a leading, ...

ATLANTA, Feb. 26, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) today released its fourth quarter and full year 2023 financial results. Highlights of those results and the 2024 outlook are included below, in the attached supplement, and at investor.aarons.com.Fourth Quarter 2023 Consolidated Results1: Revenues were $529.5 million, a decrease of 10.2% Adjusted EBITDA2,3 was $22.4 million, a decrease of 25.2% Loss per share was $0.41; Non-GAAP loss per share2 was $0.26 Write-offs were 6.5% in ...

Exhibit 10.1 Execution Version FIRST AMENDMENT TO CREDIT AGREEMENT THIS FIRST AMENDMENT TO CREDIT AGREEMENT, dated February 23, 2024 (this “Amendment”) is entered into among Aaron’s, LLC, a Georgia limited liability company (the “Borrower”), The Aaron’s Company, Inc., a Georgia corporation (“Holdings”), the other Guarantors party hereto, the Lenders party hereto, the Issuing Banks party hereto and Truist Bank, as Administrative Agent. RECITALS WHEREAS, the Borrower, Holdings, the other Guarantors from time ...

The Aaron's Company, Inc. (AAN) is scheduled to report fourth-quarter 2023 results on Feb 26. This lease-to-own provider is likely to witness declines in the top and bottom lines when it reports quarterly results.The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 3 cents per share, which indicates a sharp decline of 66.7% from the year-ago quarter’s reported figure. The consensus mark has been unchanged in the past 30 days. The consensus mark for revenues is pegged at $542.9 million, indi ...

In its upcoming report, Aaron's Company, Inc. (AAN) is predicted by Wall Street analysts to post quarterly earnings of $0.03 per share, reflecting a decline of 66.7% compared to the same period last year. Revenues are forecasted to be $542.88 million, representing a year-over-year decrease of 7.9%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior t ...

Aaron's Company, Inc. (AAN) closed the latest trading day at $10.52, indicating a +0.1% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.6%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.92%.Shares of the specialty retail witnessed a loss of 0.76% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 3.27% and the S&P 500's gain of 3.56%.Market participants will be closely following th ...

Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this specialty retail have returned +3.3%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Consumer Services - Miscellaneous industry, which Aaron's falls in, has gained 6.3%. The key question now is: What could be the sto ...