10:14 AM EDT, 04/24/2024 (MT Newswires) -- PROG Holdings ( PRG ) reported Q1 non-GAAP earnings Wednesday of $0.91 per diluted share, down from $1.11 a year earlier.

Analysts polled by Capital IQ expected $0.82.

Revenue for the quarter ended March 31 was $641.9 million, compared with $655.1 million a year earlier.

Analysts surveyed by Capital IQ expected $636 million.

The fintech holding company said it expects Q2 non-GAAP EPS of $0.65 to $0.75 on projected revenue of $550 million to $575 million. Analysts surveyed by Capital IQ expect $0.69 on revenue of $565.9 million.

For 2024, the company expects non-GAAP EPS to be between $2.85 and $3.10, compared with its prior guidance of $2.70 to $3 per share. Revenue for the year is now expected to be between $2.29 billion and $2.36 billion, compared with its earlier outlook of $2.24 billion to $2.34 billion. Analysts polled by Capital IQ expect EPS of $2.86 and revenue of $2.32 billion.

Shares of PROG Holdings ( PRG ) were up 3.5% in recent trading.

Price: 33.92, Change: +1.15, Percent Change: +3.51