financetom
Business
financetom
/
Business
/
PROG Holdings' Q2 Non-GAAP Earnings, Revenue Increase; 2025 Outlook Revised
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PROG Holdings' Q2 Non-GAAP Earnings, Revenue Increase; 2025 Outlook Revised
Jul 23, 2025 5:08 AM

07:50 AM EDT, 07/23/2025 (MT Newswires) -- PROG Holdings ( PRG ) reported Q2 non-GAAP earnings Wednesday of $1.02 per diluted share, up from $0.92 a year earlier.

Analysts polled by FactSet expected $0.80.

Revenue for the quarter ended June 30 was $604.7 million, compared with $592.2 million a year earlier.

Analysts polled by FactSet expected $589.1 million.

The company raised its 2025 non-GAAP earnings per share outlook to a range of $3.20 to $3.35 from its previous guidance range of $2.90 to $3.30.

Analysts polled by FactSet expect $3.11.

PROG Holdings ( PRG ) narrowed its 2025 revenue guidance to a range of $2.45 billion and $2.50 billion from $2.43 billion to $2.50 billion anticipated previously.

Analysts polled by FactSet expect $2.48 billion.

The company said it expects Q3 non-GAAP earnings of $0.70 to $0.75 per share.

Analysts polled by FactSet expect $0.72.

PROG Holdings ( PRG ) also said Q3 revenue is estimated at $580 million to $595 million.

Analysts polled by FactSet expect $595 million.

The company's shares were up more than 11% in recent Wednesday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Netflix faces $170 million 'Baby Reindeer' defamation lawsuit
Netflix faces $170 million 'Baby Reindeer' defamation lawsuit
Jun 6, 2024
June 6 (Reuters) - Netflix ( NFLX ) was sued on Thursday for at least $170 million by a Scottish woman who said she was defamed over her portrayal as a stalker in the hit mini-series Baby Reindeer. The plaintiff Fiona Harvey has publicly claimed to be the inspiration behind the character Martha, played by actress Jessica Gunning, who shares...
British tech pioneer Mike Lynch acquitted at US fraud trial
British tech pioneer Mike Lynch acquitted at US fraud trial
Jun 6, 2024
(Reuters) -Autonomy founder Mike Lynch was acquitted of fraud on Thursday by a jury in San Francisco, a major win for the entrepreneur who has been dogged by legal problems since the disastrous sale of his company to Hewlett-Packard (HP) for $11 billion in 2011. Representatives for Lynch and U.S. prosecutors said Lynch was acquitted on all 15 charges --...
Walmart to replace paper shelf labels with digital price screens in 2,300 stores
Walmart to replace paper shelf labels with digital price screens in 2,300 stores
Jun 6, 2024
BENTONVILLE, Arkansas (Reuters) - Paper shelf price labels are going away at thousands of Walmart ( WMT ) stores. The company on Thursday announced an expanded roll-out of digital shelf labels that will allow it to update prices on over 120,000 items within minutes. Weekly updates to paper shelf labels typically took a store worker about two days. With digital...
J&J-backed Rapport Therapeutics raises $136 mln in US IPO
J&J-backed Rapport Therapeutics raises $136 mln in US IPO
Jun 6, 2024
June 6 (Reuters) - Rapport Therapeutics said on Thursday that it has raised $136 million in its initial public offering in the United States at a valuation of about $601.4 million. The company said it plans to sell 8 million shares at $17 each, priced at the midpoint of its indicated price range of $16-$18 apiece. Rapport, backed by the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved