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

PROG Holdings

24/04/2024 14:32

* PROG Holdings Inc  PRG.N  reported quarterly adjusted
earnings
of 91 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of $1.11.  The mean expectation of five analysts for the quarter
was for earnings of 82 cents per share. Wall Street expected
results to range from 80 cents to 84 cents per share.
    * Revenue fell 2% to $641.87 million from a year ago;
analysts
expected $633.36 million. 
    * PROG Holdings Inc's reported EPS for the quarter was 49
cents​.
    * The company reported quarterly net income of $21.97
million.
    * PROG Holdings Inc shares had fallen by 4.8% this
quarter and
gained 6.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.7%
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," 2
"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 $38.50 
This summary was machine generated from LSEG data April 24 at
01:32 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
 Mar. 31 2024      0.82           0.91           Beat
 Dec. 31 2023      0.69           0.72           Beat
 Sep. 30 2023      0.63           0.90           Beat
 Jun. 30 2023      0.65           0.92           Beat