Prog Holdings reports Q3 EPS 90c, consensus 74c

Reports Q3 revenue $595.11M, consensus $586.11M. “Our third quarter results once again highlight the strength and consistency of our execution, even as consumers face ongoing economic pressures,” said Steve Michaels, President and CEO of PROG Holdings (PRG). “We delivered strong earnings and expanded margins in our Progressive Leasing segment, despite modest revenue headwinds, while Four Technologies achieved its eighth consecutive quarter of triple-digit GMV and revenue growth, further validating the scalability and relevance of our BNPL platform.”