News
Public · Published
PROG Holdings Inc expected to post earnings of $1.09 a share - Earnings Preview
PROG Holdings is expected to report a 24.0% rise in quarterly revenue to $737.834 million, versus $595.11 million a year earlier, when it reports results on October 28 for the period ending September 30, 2026. Analysts expect earnings of $1.09 a share.
Published:
Updated:
What happened
PROG Holdings is expected to report a 24.0% rise in quarterly revenue to $737.834 million, versus $595.11 million a year earlier, when it reports results on October 28 for the period ending September 30, 2026. Analysts expect earnings of $1.09 a share.
Confirmed
Global impact / market context
The expected revenue jump suggests PROG is selling more, which can lift profit if costs do not rise as fast. The $1.09 per-share estimate and unchanged analyst view indicate steady expectations, so the actual result will show whether the company delivered.
Analyst inference
Analysts rate the stock a buy, with seven buy ratings and none hold or sell. The median 12-month price target of $50.00 is about 65.2% above the last closing price of $30.27, implying analysts see the shares as undervalued relative to their outlook.
Analyst inference
What to watch
- Compare reported revenue with the company's July 29 guidance of $715.00 million to $750.00 million, and earnings per share with its $1.00 to $1.20 guidance. Confirmed
- Check whether revenue growth comes with controlled costs, since faster spending on operations or capital spending could reduce the profit earned on each sale. Proposed
- Watch whether the company meets the $1.09 consensus estimate, because a miss could challenge the buy ratings and the $50.00 median price target. Analyst inference
Evidence
- Original source link unavailable