Prog Holdings Inc Expected To Post Earnings Of 73 Cents A Share: Earnings Preview

PROG Holdings

22/07/2024 15:25

* PROG Holdings Inc  PRG.N   PRG  is expected to show a fall
in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Draper Utah-based  company is expected to report a
3.6% decrease in revenue to $571.238 million from $592.85
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on April 24
2024, for the period ended June 30, was for revenue between
$550.00 million and $575.00 million.
    * ​LSEG's mean analyst estimate for PROG Holdings Inc is for
earnings of 73 cents per share. The company's EPS guidance on
April 24 2024, for the period ended June 30, was between $0.65
and $0.75 
    * 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 $41.00​, above​ its last closing price of $33.90. ​​​

The company's guidance on April 24 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD550 million and USD63 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.82        0.82       0.91      Beat    10.4
 Dec. 31 2024  0.69        0.69       0.72      Beat    4.6
 Sep. 30 2023  0.63        0.63       0.90      Beat    43.2​
 Jun. 30 2023  0.65        0.65       0.92      Beat    41.5
 ​​Mar.        0.84                   1.11              31.9
 31 2023                                                
 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. 30 2022  0.42        0.42       0.52      Beat    24.3
 This summary was machine generated July 22 at 14:25 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)