PROG Holdings's Q3 Adjusted Earnings Fall, Revenue Increases; Updates 2024 Guidance

MT Newswires Live10-23

PROG Holdings (PRG) reported Q3 adjusted earnings Wednesday of $0.77 per diluted share, down from $0.90 a year earlier.

Analysts polled by Capital IQ expected $0.80.

Revenue for the quarter ended Sept. 30 was $606.1 million compared with $582.9 million a year earlier.

Analysts surveyed by Capital IQ expected $602.4 million.

For Q4, the company expects adjusted diluted earnings of $0.70 per share to $0.80 per share. Analysts surveyed by Capital IQ expect $0.74. The company expect revenue for the quarter of $599.8 million to $619.8 million. Analysts surveyed by Capital IQ expect $604.5.

The company raised the lower end of its 2024 adjusted diluted earnings per share guidance to $3.30 to $3.40 from $3.25 to $3.40. Analysts surveyed by Capital IQ expect $3.38. The company also increased its revenue guidance for the year to $2.44 billion to $2.46 billion from $2.40 billion to $2.45 billion. Analysts polled by Capital IQ expect $2.44 billion.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2477586428?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-23 20:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2477586428","market":"nz","top_or_hot":-1,"title":"PROG Holdings's Q3 Adjusted Earnings Fall, Revenue Increases; Updates 2024 Guidance","media":"MT Newswires Live","content":"<html><body><p> PROG Holdings (PRG) reported Q3 adjusted earnings Wednesday of $0.77 per diluted share, down from $0.90 a year earlier.</p><p>Analysts polled by Capital IQ expected $0.80.</p><p>Revenue for the quarter ended Sept. 30 was $606.1 million compared with $582.9 million a year earlier.</p><p>Analysts surveyed by Capital IQ expected $602.4 million.</p><p>For Q4, the company expects adjusted diluted earnings of $0.70 per share to $0.80 per share. Analysts surveyed by Capital IQ expect $0.74. The company expect revenue for the quarter of $599.8 million to $619.8 million. Analysts surveyed by Capital IQ expect $604.5.</p><p>The company raised the lower end of its 2024 adjusted diluted earnings per share guidance to $3.30 to $3.40 from $3.25 to $3.40. Analysts surveyed by Capital IQ expect $3.38. The company also increased its revenue guidance for the year to $2.44 billion to $2.46 billion from $2.40 billion to $2.45 billion. Analysts polled by Capital IQ expect $2.44 billion.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PROG Holdings's Q3 Adjusted Earnings Fall, Revenue Increases; Updates 2024 Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPROG Holdings's Q3 Adjusted Earnings Fall, Revenue Increases; Updates 2024 Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-23 20:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PROG Holdings (PRG) reported Q3 adjusted earnings Wednesday of $0.77 per diluted share, down from $0.90 a year earlier.Analysts polled by Capital IQ expected $0.80.Revenue for the quarter ended Sept. ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRG","symbol_name":"PROG Holdings, Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2477586428","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477586428","pubTimestamp":1729685084,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"PROG Holdings  reported Q3 adjusted earnings Wednesday of $0.77 per diluted share, down from $0.90 a year earlier.Analysts polled by Capital IQ expected $0.80.Revenue for the quarter ended Sept. 30 was $606.1 million compared with $582.9 million a year earlier.Analysts surveyed by Capital IQ expected $602.4 million.For Q4, the company expects adjusted diluted earnings of $0.70 per share to $0.80 per share. Analysts surveyed by Capital IQ expect $0.74. The company expect revenue for the quarter of $599.8 million to $619.8 million. Analysts surveyed by Capital IQ expect $604.5.The company raised the lower end of its 2024 adjusted diluted earnings per share guidance to $3.30 to $3.40 from $3.25 to $3.40. Analysts surveyed by Capital IQ expect $3.38. The company also increased its revenue guidance for the year to $2.44 billion to $2.46 billion from $2.40 billion to $2.45 billion. Analysts polled by Capital IQ expect $2.44 billion.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PRG":"PROG Holdings, Inc."},"translate_title":"PROG Holdings第三季度调整后盈利下降，收入增加；更新2024年指南","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRG":0.9},"content_text":"PROG Holdings (PRG) reported Q3 adjusted earnings Wednesday of $0.77 per diluted share, down from $0.90 a year earlier.Analysts polled by Capital IQ expected $0.80.Revenue for the quarter ended Sept. 30 was $606.1 million compared with $582.9 million a year earlier.Analysts surveyed by Capital IQ expected $602.4 million.For Q4, the company expects adjusted diluted earnings of $0.70 per share to $0.80 per share. Analysts surveyed by Capital IQ expect $0.74. The company expect revenue for the quarter of $599.8 million to $619.8 million. Analysts surveyed by Capital IQ expect $604.5.The company raised the lower end of its 2024 adjusted diluted earnings per share guidance to $3.30 to $3.40 from $3.25 to $3.40. Analysts surveyed by Capital IQ expect $3.38. The company also increased its revenue guidance for the year to $2.44 billion to $2.46 billion from $2.40 billion to $2.45 billion. Analysts polled by Capital IQ expect $2.44 billion.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477586428"}