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PROG Cuts 2026 Revenue Outlook
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PROG Cuts 2026 Revenue Outlook
Mar 11, 2026 7:08 AM

06:49 AM EDT, 03/10/2026 (MT Newswires) -- PROG (PRG) said Tuesday it has lowered its guidance for 2026 revenue from continuing operations to between $2.95 billion and $3.07 billion, from the $3.02 billion to $3.14 billion previously.

Analysts polled by FactSet expect $3.09 billion.

The revised outlook reflects changes to revenue reported for Purchasing Power's Travel and Service product categories after PROG's acquisition of Purchasing Power in January, the company said.

Shares of PROG were down more than 11% premarket Tuesday.

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