PROG Q2 2023 Earnings Report

PROG EPS Results

• Actual EPS: $0.92
• Consensus EPS: $0.66
• Beat/Miss: Beat by +$0.26
• One Year Ago EPS: N/A

PROG Revenue Results

• Actual Revenue: $592.85 million
• Expected Revenue: $573.09 million
• Beat/Miss: Beat by +$19.76 million
• YoY Revenue Growth: N/A

PROG Announcement Details

• Quarter: Q2 2023
• Date: 7/26/2023
• Time: N/A

PROG (NYSE:PRG) (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.