Prog Holdings Inc Expected To Post Earnings Of 63 Cents A Share: Earnings Preview

PROG Holdings

23/10/2023 15:34

* PROG Holdings Inc  PRG.N   PRG  is expected to show a fall
in
quarterly revenue when it reports  results on October 25. 
    * The Draper Utah-based  company is expected to report  a
8.9% decrease in revenue to $570.032 million from $625.82
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
July 26 2023, for the period ended September 30, was for revenue
between $560.00 million and $575.00 million.
    * ​Refinitiv's mean analyst estimate for PROG Holdings Inc
is for
earnings of 63 cents per share. The company's EPS guidance on
July 26 2023, for the period ended September 30, was between
$0.58 and $0.67 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PROG
Holdings Inc
is $48​, above​ its last closing price of $28.67. ​​​

The company's guidance on July 26 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD560 million and
USD60 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.65        0.65       0.92      Beat    41.5
 Mar. 31 2023  0.84        0.84       1.11      Beat    31.9
 Dec. 31 2022  0.59        0.59       0.84      Beat    43.2​
 Sep. 30 2022  0.64        0.64       0.68      Beat    6.3
 ​​Jun.        0.42        0.42       0.52      Beat    24.3
 30 2022                                                
 Mar. 31 2022  0.76        0.77       0.57      Missed  -26.1​
 Dec. 31 2021  0.69        0.69       0.67      Missed  -3.1
 Sep. 30 2021  0.89        0.90       0.94      Beat    4.9
 This summary was machine generated October 23 at 14:34 GMT.  All
figures in US dollars  unless otherwise stated