PROG Holdings, Inc. (PRG) released earnings for its first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $34.71 million, or $0.83 per share. This compares with $21.96 million, or $0.49 per share, last year.
Excluding items, PROG Holdings, Inc. reported adjusted earnings of $37.66 million or $0.90 per share for the period.
Analysts on average had expected the company to earn $0.83 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.6% to $684.08 million from $641.87 million last year.
PROG Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $34.71 Mln. vs. $21.96 Mln. last year.
-EPS: $0.83 vs. $0.49 last year.
-Revenue: $684.08 Mln vs. $641.87 Mln last year.
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