Prog Holdings Inc Reports Results For The Quarter Ended In December: Earnings Summary

PROG Holdings

21/02/2024 15:03

* PROG Holdings Inc  PRG.N  reported quarterly adjusted
earnings
of 72 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 84 cents.  The mean expectation of six analysts for the
quarter was for earnings of 69 cents per share. Wall Street
expected results to range from 64 cents to 72 cents per share.
    * Revenue fell 5.7% to $577.40 million from a year ago;
analysts
expected $564.03 million. 
    * PROG Holdings Inc's reported EPS for the quarter was 41
cents​.
    * The company reported quarterly net income of $18.58
million.
    * PROG Holdings Inc shares had risen by 4.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for PROG
Holdings Inc
is $40.00 

This summary was machine generated from LSEG data February 21 at
03:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.69           0.72           Beat
 Sep. 30 2023      0.63           0.90           Beat
 Jun. 30 2023      0.65           0.92           Beat
 Mar. 31 2023      0.84           1.11           Beat