PROG Holdings, Inc. (PRG) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $57.55 million, or $1.34 per share. This compares with $18.58 million, or $0.41 per share, last year.
Excluding items, PROG Holdings, Inc. reported adjusted earnings of $34.15 million or $0.80 per share for the period.
Analysts on average had expected the company to earn $0.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.0% to $623.32 million from $577.40 million last year.
PROG Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $57.55 Mln. vs. $18.58 Mln. last year.
-EPS: $1.34 vs. $0.41 last year.
-Revenue: $623.32 Mln vs. $577.40 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.80 - $0.85
Next quarter revenue guidance: $665 Mln - $685 Mln
FY25 EPS Guidance $3.10 - $3.50
FY25 Revenue Guidance $2.515 Bln - $2.590 Bln
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