Prog Holdings Inc Reports Results For The Quarter Ended In September 30: Earnings Summary

PROG Holdings

23/10/2024 14:36

* PROG Holdings Inc  PRG.N  reported quarterly adjusted
earnings
of 77 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 90 cents.  The mean expectation of six analysts for the
quarter was for earnings of 79 cents per share. Wall Street
expected results to range from 71 cents to 90 cents per share.
    * Revenue rose 4% to $606.15 million from a year ago;
analysts
expected $595.11 million. 
    * PROG Holdings Inc's reported EPS for the quarter was
$1.94​.
    * The company reported quarterly net income of $83.96
million.
    * PROG Holdings Inc shares had fallen by 3.1% this
quarter and
gained 52.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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." 
    * 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 55.00 
This summary was machine generated from LSEG data October 23 at
01:36 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
 Sep. 30 2024      0.79           0.77           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