In This Article:
PROG Holdings (NYSE:PRG) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.46b (up 2.3% from FY 2023).
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Net income: US$197.2m (up 42% from FY 2023).
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Profit margin: 8.0% (up from 5.8% in FY 2023).
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EPS: US$4.63 (up from US$3.02 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PROG Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in the US.
Performance of the American Consumer Finance industry.
The company's shares are down 28% from a week ago.
Valuation
Our analysis of PROG Holdings based on 6 different valuation metrics shows it might be undervalued. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.