Prog Holdings raises FY25 EPS view to $3.20-$3.35 from $2.90-$3.30

Consensus $3.12. Narrows FY25 revenue view to $2.45B-$2.5B from $2.43B-$2.5B, consensus $2.47B. Narrows FY25 adjusted EBITDA view to $255M-$265M from $245M-$265M. The company said, “The Company is providing selective third quarter outlook metrics and updating its full year 2025 outlook by increasing the low end of our previous range on revenues and earnings metrics and maintaining the previous high ends of those same metrics. The updated outlook below assumes a difficult operating environment with soft demand for consumer durable goods, no material changes in the Company’s current decisioning posture, an effective tax rate for Non-GAAP EPS of approximately 27%, and no impact from additional share repurchases.”