secwatch.observer — SEC 8-K summary
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Issuer:     PROG Holdings, Inc. (PRG)
CIK:        0001808834
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001808834-24-000111
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROG Holdings Q3 revenue $606.1M, EPS $1.94; raises full-year outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808834/000180883424000111/0001808834-24-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808834/000180883424000111/prg-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001808834-24-000111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer