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PROG Holdings (PRG) Q4 Earnings and Revenues Top Estimates
PRGPROG (PRG) ZACKS·2025-02-19 14:50

Core Insights - PROG Holdings (PRG) reported quarterly earnings of 0.80pershare,exceedingtheZacksConsensusEstimateof0.80 per share, exceeding the Zacks Consensus Estimate of 0.75 per share, and showing an increase from 0.72pershareayearago,resultinginanearningssurpriseof6.670.72 per share a year ago, resulting in an earnings surprise of 6.67% [1] - The company achieved revenues of 623.32 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.62% and up from 577.4millionyearoveryear[2]PROGHoldingshasconsistentlyoutperformedconsensusEPSandrevenueestimatesoverthelastfourquarters[2]EarningsOutlookThecurrentconsensusEPSestimatefortheupcomingquarteris577.4 million year-over-year [2] - PROG Holdings has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.94 on revenues of 671.76million,whileforthecurrentfiscalyear,theestimateis671.76 million, while for the current fiscal year, the estimate is 3.84 on revenues of 2.62billion[7]TheestimaterevisionstrendforPROGHoldingsismixed,leadingtoaZacksRank3(Hold),indicatingexpectedperformanceinlinewiththemarket[6]IndustryContextTheFinancialConsumerLoansindustry,towhichPROGHoldingsbelongs,iscurrentlyrankedinthetop82.62 billion [7] - The estimate revisions trend for PROG Holdings is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Financial - Consumer Loans industry, to which PROG Holdings belongs, is currently ranked in the top 8% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - The performance of PROG Holdings may be influenced by the overall industry outlook, as empirical research indicates a strong correlation between stock movements and earnings estimate revisions [5][8] Competitor Insights - Encore Capital Group (ECPG), a competitor in the same industry, is expected to report quarterly earnings of 1.55 per share, reflecting a year-over-year increase of 24%, with revenues anticipated to be $373.71 million, up 34.7% from the previous year [9][10]