Prog Holdings Inc Expected To Post Earnings Of 84 Cents A Share: Earnings Preview

PROG Holdings

24/04/2023 19:32

* PROG Holdings Inc  PRG.N   PRG  is expected to show a fall
in
quarterly revenue when it reports  results on April 26. 
    * The Draper Utah-based  company is expected to report  a
9.6% decrease in revenue to $642.584 million from $710.46
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
February 22 2023, for the period ended March 31, was for revenue
between $635.00 million and $660.00 million.
    * ​Refinitiv's mean analyst estimate for PROG Holdings Inc
is for
earnings of 84 cents per share. The company's EPS guidance on
February 22 2023, for the period ended March 31, was between
$0.82 and $0.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $31​, above​ its last closing price of $24.72. ​​​

The company's guidance on February 22 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD635 million and USD77 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  
 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​
 Mar. 31 2022  0.76        0.77       0.57      Missed  -26.1
 ​​Dec.        0.69        0.69       0.67      Missed  -3.1
 31 2021                                                
 Sep. 30 2021  0.89        0.90       0.94      Beat    4.9​
 Jun. 30 2021  0.80        0.80       1.09      Beat    36.2
 Mar. 31 2021  0.91        0.91       1.22      Beat    33.6
 This summary was machine generated April 24 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated