earnings
confidence high
sentiment positive
materiality 0.75
PROG Holdings Q3 revenue $606.1M, EPS $1.94; raises full-year outlook
PROG Holdings, Inc.
2024-Q3 EPS reported
$3.19
revenue$1,840,176,000
- Consolidated revenue $606.1M (+4% YoY); net earnings $84.0M vs $35.0M.
- Adjusted EBITDA $63.5M (10.5% of revenue) vs $71.7M (12.3%) a year ago.
- Diluted EPS $1.94; non-GAAP diluted EPS $0.77.
- Progressive Leasing GMV $456.7M, up 11.6% YoY; write-off rate 7.7% within target.
- Raises FY2024 revenue guidance to $2.44-2.46B and net earnings to $165.5-170.5M.