Market Overview

Conn's: Q2 Earnings Insights

Share:

Shares of Conn's (NASDAQ:CONN) rose 16% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 20.97% year over year to $0.75, which may not compare to the estimate of ($0.13).

Revenue of $366,916,000 declined by 8.51% from the same period last year, which missed the estimate of $377,680,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Conn's hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Sep 03, 2020

Time: 11:00 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=140336

Technicals

Company's 52-week high was at $27.57

52-week low: $2.83

Price action over last quarter: Up 53.24%

Company Description

Conn's Inc is a United-States-based specialty retailer primarily engaged in the sale of durable consumer goods and related services. The company operates through two segments. The retail segment sells a broad range of merchandise, including furniture and mattress products, home appliances, consumer electronics, and home office products. The credit segment provides credit solutions for credit constrained consumers based on customer risk and income level. A material portion of the company's customers finance purchases through its credit segment. The company focuses its business in the U.S., and generates most of its revenue from the retail segment.

 

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Posted-In: Earnings News