earnings
confidence high
sentiment positive
materiality 0.75
PROG Holdings Q2 rev $604.7M (+2.1%), EPS $0.95/$1.02; raises FY low-end guidance
PROG Holdings, Inc.
2025-Q2 EPS reported
$1.78
revenue$1,288,751,000
- Consolidated net earnings $38.5M vs $33.8M YoY; adjusted EBITDA $73.5M (12.2% margin).
- Progressive Leasing GMV $413.9M (-8.9% YoY); write-off rate 7.5% within 6-8% target.
- Four Technologies GMV grew 166.5% with second consecutive quarter of positive pre-tax income.
- Repurchased $25.7M stock at avg $28.51; $309.6M remaining under $500M buyback; $0.13 dividend.
- FY 2025 outlook raised low end: rev $2.45-$2.50B, Non-GAAP EPS $3.20-$3.35, Adj. EBITDA $255-$265M.
item 2.02item 9.01