Prog Holdings Inc Expected To Post Earnings Of 82 Cents A Share: Earnings Preview

PROG Holdings

22/04/2024 15:01

* PROG Holdings Inc  PRG.N   PRG  is expected to show a fall
in
quarterly revenue when it reports  results on April 24 for the
period ending March 31 2024
    * The Draper Utah-based  company is expected to report a
3.3% decrease in revenue to $633.362 million from $655.14
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on February
21 2024, for the period ended March 31, was for revenue between
$620.00 million and $640.00 million.
    * ​LSEG's mean analyst estimate for PROG Holdings Inc is for
earnings of 82 cents per share. The company's EPS guidance on
February 21 2024, for the period ended March 31, was between
$0.80 and $0.85 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for PROG
Holdings Inc
is $38.50​, above​ its last closing price of $32.01. ​​​

The company's guidance on February 21 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD620 million and USD68 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  
 Dec. 31 2023  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. 31 2023  0.84        0.84       1.11      Beat    31.9
 ​​Dec.        0.59        0.59       0.84      Beat    43.2
 31 2022                                                
 Sep. 30 2022  0.64        0.64       0.68      Beat    6.3​
 Jun. 30 2022  0.42        0.42       0.52      Beat    24.3
 Mar. 31 2022  0.76        0.77       0.57      Missed  -26.1
 This summary was machine generated April 22 at 14:01 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)