PROG Holdings Q4 Earnings Surpass Expectations

PROG Holdings, Inc. reported Q4 earnings above expectations with a significant increase year-over-year, showing strong revenue growth. This performance indicates a positive outlook for the company.

Date: 19-02-2025

AI Rating: 8

Earnings Per Share (EPS): PROG Holdings reported an impressive increase in EPS, rising to $1.34 from $0.41 in the previous year. This shows strong earnings performance relative to last year and surpasses analyst expectations of $0.77 per share. Revenue Growth: The company's revenue for Q4 rose by 8.0%, reaching $623.32 million compared to $577.40 million in the same quarter last year. This growth reflects the company’s effective operational strategies and market performance. Guidance: Looking ahead, PROG Holdings offers a strong EPS guidance for the next quarter between $0.80 - $0.85, as well as revenue guidance projected between $665 million and $685 million. For FY25, the guidance stands at an EPS of $3.10 - $3.50 and revenue between $2.515 billion and $2.590 billion, indicating confidence in continued growth.

Stocks: PRG