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Rent-A-Center, Inc. (RCII) leases household durable goods to customers on a lease-to-own basis. 
The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising.
It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements.
The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations.
It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and rentacenter.com, an e-commerce platform.
Shares have formd a bearish "flag" following the company's latest quarterly report. On March 1, Rent-A-Center (RCII) reported Quarter December 2021 earnings of $1.08 per share on revenue of $1.2 billion. The consensus earnings estimate was $1.58 per share on revenue of $1.2 billion. The company guided lowergoing forward. The company said it expects first quarter earnings of $0.65 to $0.80 per share on revenue of $1.125 billion to $1.155 billion and 2022 earnings of $4.50 to $5.00 per share on revenue of $4.45 billion to $4.60 billion. The previous consensus estimate was earnings of $1.53 per share on revenue of $1.22 billion for the quarter ending March 31, 2022 and earnings of $7.01 per share on revenue of $5.27 billion for the year ending December 31, 2022. Lowerr share prices are expected.
We will be trading May Put Options
Last Trade: $24.55
Trading Range: $22.70 to $67.76
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