PROG Holdings Q2 Adjusted EPS $0.92 Beats $0.65 Estimate, Sales $592.85M Beat $573.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
PROG Holdings (NYSE:PRG) reported Q2 earnings of $0.92 per share, beating the analyst consensus estimate of $0.65 by 41.54%. This is a 76.92% increase from the same period last year. The company also reported quarterly sales of $592.85 million, beating the analyst consensus estimate of $573.20 million by 3.43%. However, this is an 8.71% decrease from the same period last year.
July 26, 2023 | 11:04 am
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PROG Holdings reported strong Q2 earnings, beating estimates. However, sales decreased compared to the same period last year.
PROG Holdings reported a significant increase in earnings, beating analyst estimates, which is likely to have a positive impact on the stock. However, the decrease in sales compared to the same period last year might temper this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100