earnings
confidence high
sentiment positive
materiality 0.70
PROG Holdings Q4 revenue $623.3M, +8% YoY; non-GAAP EPS $0.80 above $0.72; sees FY25 revenue $2.52-2.59B
PROG Holdings, Inc.
2024-FY EPS reported
$4.53
revenue$2,463,496,000
- Q4 consolidated net earnings $57.5M vs $18.6M; GAAP diluted EPS $1.34 includes $27.6M deferred tax benefit.
- Non-GAAP diluted EPS $0.80 (up from $0.72); Adjusted EBITDA $65.7M (10.5% of revenues).
- Progressive Leasing GMV $597.5M, +9.1% YoY; lease merchandise write-offs 7.9% in Q4, 7.5% full year.
- FY2025 guidance: revenues $2.515-2.590B; adjusted EBITDA $260-280M; non-GAAP EPS $3.10-3.50.
- Q4 repurchased $40.5M stock at avg $47.03; paid $0.12 dividend; $361.3M remaining authorization.