PROG Holdings: Q3 Earnings Snapshot
DRAPER, Utah (AP) _ PROG Holdings, Inc. (PRG) on Wednesday reported third-quarter net income of $16 million. The Draper, Utah-based company said it...
DRAPER, Utah (AP) _ PROG Holdings, Inc. (PRG) on Wednesday reported third-quarter net income of $16 million. The Draper, Utah-based company said it had profit of 32 cents per share. Earnings, adjusted for one-time gains and costs, came to 68 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. The rent-to-own company posted revenue of $625.8 million in the period, falling short of Street forecasts.