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PROG Holdings (PRG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2026, PROG Holdings (PRG - Free Report) reported revenue of $725.78 million, up 22% over the same period last year. EPS came in at $1.06, compared to $0.90 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $736.43 million, representing a surprise of -1.45%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.06.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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: $420.44 versus the two-analyst average estimate of $429.17.
  • Revenue- Purchasing Power: $131.8 million versus the two-analyst average estimate of $144.5 million.
  • Revenues- Lease revenues and fees: $552.27 million versus the two-analyst average estimate of $551.16 million. The reported number represents a year-over-year change of -0.8%.

View all Key Company Metrics for PROG Holdings here>>>

Shares of PROG Holdings have returned -6% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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