Stock Track | PROG Holdings Soars 11.93% in Pre-Market on Strong Earnings Beat and Positive 2026 Outlook

Stock Track02-18 20:36

PROG Holdings, Inc. (NYSE:PRG) experienced a significant pre-market surge, with its stock price soaring 11.93% during the early trading session.

The sharp increase follows the company's release of its fourth quarter 2025 financial results, which revealed a substantial earnings beat. PROG Holdings reported adjusted earnings per share of $0.89, surpassing analyst consensus estimates of $0.59 by approximately 50%. While quarterly sales of $574.6 million slightly missed expectations, the strong bottom-line performance appears to have driven investor optimism.

Further bolstering sentiment, the company provided forward-looking guidance for 2026, projecting adjusted earnings per share in the range of $4.00 to $4.45 from continuing operations. The outlook for the first quarter of 2026 is also positive, with adjusted EPS expected between $0.70 and $0.90.

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