PROG Holdings Raises FY2024 GAAP EPS Guidance from $2.52-2.68 to $3.82-3.92 vs $2.62 Est.
Portfolio Pulse from Benzinga Newsdesk
PROG Holdings has raised its FY2024 GAAP EPS guidance significantly from $2.52-2.68 to $3.82-3.92, surpassing the analyst estimate of $2.62. This indicates a strong financial outlook for the company.
October 23, 2024 | 11:38 am
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PROG Holdings has significantly increased its FY2024 GAAP EPS guidance to $3.82-3.92, which is well above the analyst estimate of $2.62. This suggests a strong financial performance and could positively impact the stock price.
The significant increase in EPS guidance indicates that PROG Holdings expects better-than-anticipated financial performance. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100