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

PROG Holdings

24/07/2024 15:21

* PROG Holdings Inc  PRG.N  reported quarterly adjusted
earnings
of 92 cents​​ per share for the quarter ended in June, identical
to the same quarter last year.  The mean expectation of
six analysts for the quarter was for earnings of 73 cents per
share. Wall Street expected results to range from 65 cents to 78
cents per share.
    * Revenue fell 0.1% to $592.16 million from a year ago;
analysts
expected $571.24 million. 
    * PROG Holdings Inc's reported EPS for the quarter was 77
cents​.
    * The company reported quarterly net income of $33.77
million.
    * PROG Holdings Inc shares had fallen by 0.1% this
quarter and
gained 12.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the personal
services
peer group is also "buy"

Wall Street's median 12-month price target for PROG Holdings Inc
is $41.00 
This summary was machine generated from LSEG data July 24 at
02:21 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
 Jun. 30 2024      0.73           0.92           Beat
 Mar. 31 2024      0.82           0.91           Beat
 Dec. 31 2023      0.69           0.72           Beat
 Sep. 30 2023      0.63           0.90           Beat