Tuesday, July 24, 2007

UPDATE 1-Aaron Rents Q2 earnings fall, cuts '07 profit view

(Reuters) - The company also cut its 2007 outlook to $1.50 to $1.60 a
share, from its prior view of $1.55 to $1.65 a share, mainly
due to anticipated start-up costs from stores to be added
during the second half of the year. It now sees 2007 revenue at
$1.5 billion.




Analysts were expecting earnings of $1.61 a share, before
exceptional items, on revenue of $1.51 billion, according to
Reuters Estimates.


Read more at Reuters.com Market News

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