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

PROG Holdings

26/07/2023 14:32

* PROG Holdings Inc  PRG.N  reported quarterly adjusted
earnings
of 92 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
65 cents per share.
    * Revenue fell 8.7% to $592.85 million from a year ago;
analysts
expected $573.20 million. 
    * PROG Holdings Inc's reported EPS for the quarter was 79
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * PROG Holdings Inc shares had risen by 12.9% this
quarter and
gained 114.7% so far this year.
    * The company reported quarterly net income of $37.22
million.
    * Wall Street's median 12-month price target for PROG
Holdings Inc
is $36.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.65           0.92           Beat
 Mar. 31 2023      0.84           1.11           Beat
 Dec. 31 2022      0.59           0.84           Beat
 Sep. 30 2022      0.64           0.68           Beat