Aaron's (AAN) Reports Q2 Loss, Lower Revenues at Both Segments
The Aaron’s pany(AAN) ZACKS·2024-08-07 00:41
The Aaron's Company, Inc. (AAN) reported a loss per share with revenues missing the Zacks Consensus Estimate in the second quarter of 2024. Also, both metrics declined year over year.Aaron's adjusted loss of 7 cents per share missed the Zacks Consensus Estimate of earnings of 3 cents. The company’s bottom line compared unfavorably with adjusted earnings of 39 cents per share in the year-ago quarter.Consolidated revenues dipped 5.1% to $503.1 million, due to soft lease revenues and fees at Aaron's business, ...