Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Aaron's (NYSE: AAN ) fell more than 13% in early trading before closing down roughly 7%. Investors soured on the specialty renter's revised guidance.
So what: Aaron's now expects to end 2011 having booked $1.73 to $1.77 a share in adjusted profits, below the average estimate of $1.78 and earlier guidance $1.73 to $1.81 in per-share earnings, The Associated Press reported.
Now what: Q3 earnings didn't impress either, unfortunately. Aaron's booked $0.36 a share in profit during the quarter, two pennies short of what analysts were expecting. Does the miss matter? Would you buy shares of Aaron's at current prices? Please weigh in using the comments box below.
Interested in more info Aaron's? Add it to your watchlist.
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.