Monday, April 30, 2007

UPDATE 1-Rent-A-Center qrtly net income falls on charges

(Reuters) - The largest rent-to-own operator in the United States said that first-quarter net profit was $15.1 million, or 21 cents per share, compared with $40.3 million, or 57 cents per share, a year earlier.

Excluding litigation charges, the company posted earnings of 66 cents a share. That was 1 cent above the average analysts' view of 65 cents, according to Reuters Estimates.


Read more at Reuters.com Market News

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