PROG Holdings Future Growth

Future criteria checks 1/6

PROG Holdings is forecast to grow earnings and revenue by 7.3% and 2.2% per annum respectively while EPS is expected to grow by 11.9% per annum.

Key information

7.3%

Earnings growth rate

11.9%

EPS growth rate

Consumer Finance earnings growth	12.6%
Revenue growth rate	2.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

PROG Holdings Non-GAAP EPS of $0.84 beats by $0.25, revenue of $612.1M beats by $11.63M

Feb 22

PROG Holdings: Huge Potential But Substantial Risk

Nov 13

PROG Holdings Non-GAAP EPS of $0.68 beats by $0.04, revenue of $625.82M beats by $4.28M

Oct 26

PROG Holdings Non-GAAP EPS of $0.52 beats by $0.10, revenue of $649.4M misses by $0.71M

Jul 27

Lacklustre Performance Is Driving PROG Holdings, Inc.'s (NYSE:PRG) 33% Price Drop

Mar 08

PROG Holdings: Keeps Ringing The Register

Jul 30

PROG Holdings Is Ready To Dominate A $30-$40 Billion Market

Jul 21

Did You Participate In Any Of PROG Holdings' (NYSE:PRG) Fantastic 137% Return ?

Mar 02

If You Had Bought Aaron's Holdings Company (NYSE:AAN) Shares Five Years Ago You'd Have Earned 145% Returns

Nov 18

Aaron's raises dividend by 12.5%

Nov 06

Earnings and Revenue Growth Forecasts

NYSE:PRG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,498	132	125	140	1
12/31/2025	2,440	126	114	129	5
12/31/2024	2,352	100	145	157	5
3/31/2024	2,395	113	173	183	N/A
12/31/2023	2,408	139	195	204	N/A
9/30/2023	2,443	156	243	252	N/A
6/30/2023	2,486	137	284	292	N/A
3/31/2023	2,543	120	293	302	N/A
12/31/2022	2,598	99	233	242	N/A
9/30/2022	2,632	100	224	234	N/A
6/30/2022	2,657	142	153	163	N/A
3/31/2022	2,667	191	167	177	N/A
12/31/2021	2,678	244	236	246	N/A
9/30/2021	2,637	248	179	199	N/A
6/30/2021	2,598	265	299	334	N/A
3/31/2021	2,537	255	353	395	N/A
12/31/2020	2,485	234	392	456	N/A
9/30/2020	1,098	28	441	518	N/A
6/30/2020	1,451	-7	355	433	N/A
3/31/2020	1,820	-23	287	380	N/A
12/31/2019	2,163	-25	224	317	N/A
9/30/2019	3,937	200	251	344	N/A
6/30/2019	3,926	204	240	334	N/A
3/31/2019	3,886	200	239	325	N/A
12/31/2018	2,036	125	278	356	N/A
9/30/2018	3,720	312	273	342	N/A
6/30/2018	3,606	294	246	310	N/A
3/31/2018	3,494	291	189	252	N/A
12/31/2017	3,384	293	N/A	159	N/A
9/30/2017	3,294	137	N/A	186	N/A
6/30/2017	3,224	141	N/A	257	N/A
3/31/2017	3,198	143	N/A	376	N/A
12/31/2016	3,208	139	N/A	467	N/A
9/30/2016	3,234	139	N/A	415	N/A
6/30/2016	3,233	134	N/A	273	N/A
3/31/2016	3,212	136	N/A	137	N/A
12/31/2015	3,180	136	N/A	168	N/A
9/30/2015	3,107	136	N/A	173	N/A
6/30/2015	3,038	121	N/A	195	N/A
3/31/2015	2,931	89	N/A	120	N/A
12/31/2014	2,695	78	N/A	-49	N/A
9/30/2014	2,500	79	N/A	55	N/A
6/30/2014	2,339	91	N/A	168	N/A
3/31/2014	2,227	108	N/A	262	N/A
12/31/2013	2,235	121	N/A	308	N/A
9/30/2013	2,239	135	N/A	218	N/A
6/30/2013	2,231	142	N/A	129	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRG's forecast earnings growth (7.3% per year) is above the savings rate (2.4%).

Earnings vs Market: PRG's earnings (7.3% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: PRG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PRG's revenue (2.2% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: PRG's revenue (2.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PRG's Return on Equity is forecast to be high in 3 years time

PROG Holdings Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

PROG Holdings, Inc. Provides Consolidated Earnings Guidance for the Three Months Ending June 30, 2024

Consensus EPS estimates fall by 20%

PROG Holdings, Inc. Updates Earnings Guidance for the Full Year 2023

Price target decreased by 20% to US$39.00

PROG Holdings, Inc. Revises Consolidated Earnings Guidance for the Full Year Ended December 31, 2023

Consensus EPS estimates increase by 22%

Recent updates

Investor sentiment improves as stock rises 16%

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

PROG Holdings, Inc. Provides Consolidated Earnings Guidance for the Three Months Ending June 30, 2024

PROG Holdings, Inc.'s (NYSE:PRG) Price Is Right But Growth Is Lacking

PROG Holdings, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.12 per share

Consensus EPS estimates fall by 20%

PROG Holdings: Don't Buy Just Yet

Full year 2023 earnings: EPS misses analyst expectations

PROG Holdings, Inc. Approves Quarterly Cash Dividend for the First Quarter of 2024, Payable on March 28, 2024

PROG Holdings, Inc. Approves Quarterly Cash Dividend for the First Quarter of 2024, Payable on March 28, 2024

PROG Holdings, Inc. Updates Earnings Guidance for the Full Year 2023

PROG Holdings, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Investors Aren't Buying PROG Holdings, Inc.'s (NYSE:PRG) Earnings

PROG: EPS Expectations Increases, Reorganization Initiatives, And Cheap

Price target decreased by 20% to US$39.00

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

PROG Holdings, Inc. Revises Consolidated Earnings Guidance for the Full Year Ended December 31, 2023

PROG Holdings, Inc. to Report Q3, 2023 Results on Oct 25, 2023

PROG Holdings: Strong Growth Is Shown And A Buy Visible

Now 20% undervalued

Consensus EPS estimates increase by 22%

Price target increased by 42% to US$51.00

Prog Holdings, Inc. Provides Earnings Outlook for the Three Months Ended September 30, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

PROG Holdings, Inc. to Report Q2, 2023 Results on Jul 26, 2023

PROG Holdings, Inc.(NYSE:PRG) dropped from Russell 2000 Growth-Defensive Index

PROG Holdings: I Wouldn't Be Surprised To See Profit Taking

Prog Holdings, Inc. Appoints Todd King as Chief Legal and Compliance Officer

Price target increased by 7.2% to US$32.80

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 21% to US$29.60

Full year 2022 earnings: EPS exceeds analyst expectations

PROG Holdings Non-GAAP EPS of $0.84 beats by $0.25, revenue of $612.1M beats by $11.63M

Investor sentiment improves as stock rises 22%

PROG Holdings, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Price target decreased to US$24.40

PROG Holdings, Inc. Announces Resignation of Vin Thomas as General Counsel and Corporate Secretary

PROG Holdings: Huge Potential But Substantial Risk

Investor sentiment improved over the past week

Consensus EPS estimates fall by 19%

Price target decreased to US$25.80

PROG Holdings, Inc. Revises Earnings Guidance for the Full Year 2022

Third quarter 2022 earnings: EPS misses analyst expectations

PROG Holdings Non-GAAP EPS of $0.68 beats by $0.04, revenue of $625.82M beats by $4.28M

Price target decreased to US$28.40

Investor sentiment deteriorated over the past week

PROG Holdings, Inc. to Report Q3, 2022 Results on Oct 26, 2022

CEO, President & Director recently bought US$284k worth of stock

Price target decreased to US$31.40

Second quarter 2022 earnings: EPS exceeds analyst expectations

PROG Holdings Non-GAAP EPS of $0.52 beats by $0.10, revenue of $649.4M misses by $0.71M

PROG Holdings, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Consensus EPS estimates fall by 20%

PROG Holdings, Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2022; Revises Earnings Guidance for the Full Year Ended December 31, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to US$45.00

PROG Holdings, Inc. Announces General Counsel and Corporate Secretary Changes

PROG Holdings, Inc. to Report Q1, 2022 Results on Apr 27, 2022

Lacklustre Performance Is Driving PROG Holdings, Inc.'s (NYSE:PRG) 33% Price Drop

Price target decreased to US$49.86

Full year 2021 earnings: EPS misses analyst expectations

PROG Holdings, Inc. Provides Consolidated Earnings Guidance for the Full Year 2022

Consensus EPS estimates fall by 24%

Investor sentiment deteriorated over the past week

PROG Holdings, Inc. to Report Q4, 2021 Results on Feb 23, 2022

Third quarter 2021 earnings released: EPS US$0.86 (vs US$1.62 in 3Q 2020)