PROG Holdings Reports Third Quarter 2024 Results
PROG Holdings, Inc. (PRG)
Company Research
Source: Business Wire
Consolidated revenues of $606.1 million; Net earnings of $84.0 millionAdjusted EBITDA of $63.5 millionDiluted EPS of $1.94; Non-GAAP Diluted EPS of $0.77Progressive Leasing GMV of $456.7 million, 11.6% growth year-over-yearRaises full year consolidated revenue and earnings outlook SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the third quarter ended September 30, 2024."We are pleased to report another strong quarter, highlighted by 11.6% GMV growth and a return to revenue growth in our Progressive Leasing segment" said PROG Holdings President and CEO Steve Michaels. This momentum is driven by the effectiveness of our three-pillared strategy to grow, enhance, and expand, along with the strong execution by our teams and the benefits from the credit supply above us tightening. Our focus on enhancing both customer and retailer experi
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PRG
News
- PROG Holdings, Inc. (NYSE: PRG) was upgraded by analysts at TD Cowen to a "strong-buy" rating.MarketBeat
- PROG Holdings (NYSE:PRG) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- PROG Holdings, Inc. (NYSE: PRG) is now covered by analysts at Stephens. They set an "overweight" rating and a $60.00 price target on the stock.MarketBeat
- PROG Holdings Appoints Two New Independent Directors to BoardBusiness Wire
- PROG Holdings, Inc. Declares DividendBusiness Wire
PRG
Earnings
- 10/23/24 - Beat
PRG
Sec Filings
- 11/19/24 - Form 8-K
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- PRG's page on the SEC website