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PROG Holdings (PRG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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PROG Holdings (PRG - Free Report) reported $719.72 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 19%. EPS of $1.19 for the same period compares to $1.02 a year ago.
The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $711.55 million. With the consensus EPS estimate being $0.96, the EPS surprise was +23.96%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how PROG Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
GMV (Gross Merchandise Volume) - Progressive Leasing: $428.12 compared to the $427.70 average estimate based on two analysts.
Revenues- Lease revenues and fees: $549.83 million versus the three-analyst average estimate of $540.07 million. The reported number represents a year-over-year change of -3.5%.
Revenue- Purchasing Power: $130.38 million versus the two-analyst average estimate of $135.25 million.
Shares of PROG Holdings have returned -3.3% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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PROG Holdings (PRG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
PROG Holdings (PRG - Free Report) reported $719.72 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 19%. EPS of $1.19 for the same period compares to $1.02 a year ago.
The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $711.55 million. With the consensus EPS estimate being $0.96, the EPS surprise was +23.96%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how PROG Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for PROG Holdings here>>>
Shares of PROG Holdings have returned -3.3% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.