PROG Holdings, Inc. Q4 Profit Increases, Beats Estimates

(RTTNews) - 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