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PRG

PROG Holdings Inc

$20.84

Earnings Summary

Revenue
$631.34Mn
Net Profits
$19.48Mn
Net Profit Margins
3.09%
PE Ratio
8.72

Highlights

Revenue:

PROG Holdings Inc’s revenue fell -4.34% since last year same period to $631.34Mn in the Q2 2022. On a quarterly growth basis, PROG Holdings Inc has generated -11.14% fall in its revenue since last 3-months.

Net Profits:

PROG Holdings Inc’s net profit fell -71.7% since last year same period to $19.48Mn in the Q2 2022. On a quarterly growth basis, PROG Holdings Inc has generated -28.2% fall in its net profits since last 3-months.

Net Profit Margins:

PROG Holdings Inc’s net profit margin fell -70.41% since last year same period to 3.09% in the Q2 2022. On a quarterly growth basis, PROG Holdings Inc has generated -19.2% fall in its net profit margins since last 3-months.

PE Ratio:

PROG Holdings Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.72.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the PROG Holdings Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.74
EPS Estimate Current Year
0.74

Highlights

EPS Estimate Current Quarter:

PROG Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at 0.74 - a 76.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

PROG Holdings Inc’s earning per share (EPS) estimates for the current year stand at 0.74.

Key Ratios

Key ratios of the PROG Holdings Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.52
Return on Assets (ROA)
0.18
Return on Equity (ROE)
0.18
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

PROG Holdings Inc’s earning per share (EPS) fell -52.29% since last year same period to 0.52 in the Q2 2022. This indicates that the PROG Holdings Inc has generated -52.29% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. PROG Holdings Inc’s return on assets (ROA) stands at 0.18.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. PROG Holdings Inc’s return on equity (ROE) stands at 0.18.

Dividend Per Share (DPS):

PROG Holdings Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
0.77
0.57
-25.97%
2022-07-27
0.42
0.52
23.81%

Company Information

Headquartered in SALT LAKE CITY, PROG Holdings, Inc. is the holding company of Progressive Leasing, a leading provider of lease-purchase solutions for consumers at the point of sale at many national, regional and local retailers and e-commerce websites. Progressive Leasing offers a lease-to-own payment solution for consumers to acquire furniture, appliances, jewelry, electronics, bedding, cell phones, wheel and tire and other large ticket consumer durables through over 20,000 locations in 46 states as well as with e-commerce POS sites. Vive Financial provides a variety of second-look credit products that are originated through federally insured banks.

Organisation
PROG Holdings Inc
Headquarters
Atlanta, Georgia, US
Employees
1.87K