Home Markets Rent-A-Center Q3 Profit Surges

Rent-A-Center Q3 Profit Surges

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(RTTNews) – Rent-A-Center Inc. (RCII) Wednesday reported third-quarter net income of $64.0 million or $1.15 per share, up from $31.3 million or $0.56 per share last year.

Adjusted earnings were $1.04 per share, up from $0.47 per share last year.

Revenues for the quarter increased 9.6% to $712.0 million from $649.4 million last year, primarily…