PROG Raises FY24 Revenue Outlook From $2.285B - $2.36B To $2.4B - $2.45B Vs. $2.35B Est.
Portfolio Pulse from Benzinga Newsdesk
PROG Holdings, Inc. (PRG) has raised its FY24 revenue outlook from the previous range of $2.285 billion - $2.36 billion to a new range of $2.4 billion - $2.45 billion, surpassing the estimated $2.35 billion.
July 24, 2024 | 11:50 am
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PROG Holdings, Inc. (PRG) has increased its FY24 revenue outlook to a range of $2.4 billion - $2.45 billion, which is higher than the previous range and the market estimate of $2.35 billion.
The increase in revenue outlook indicates stronger than expected business performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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