PROG Holdings Reports Q4 Earnings of $57.5 Million, Exceeds Expectations
DRAPER, Utah, March 8, 2023 - PROG Holdings, Inc. (PRG) announced today its financial results for the fourth quarter and full-year ended December 31, 2022.
Q4 Highlights:
* Revenue: $623.3 million, surpassing analyst estimates of $613.4 million
* Net income: $57.5 million
* Earnings per share (EPS): $1.34
* Adjusted EPS (excluding one-time items): $0.80
Full-Year Results:
* Revenue: $2.46 billion
* Net income: $197.2 million
* EPS: $4.53
Outlook:
For the full year 2023, PROG Holdings anticipates:
* EPS: $3.10 - $3.50
* Revenue: $2.52 billion - $2.59 billion
Additional information regarding PROG's financial performance is available in the company's stock report on Zacks Investment Research at https://www.zacks.com/ap/PRG.