PROG Holdings Inc (PRG) Tops Q3 EPS by 4c, Offers Guidance

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PROG Holdings Reports Third Quarter 2021 Results

November 3, 2021 7:00 AM EDT

Progressive Leasing GMV of $493 million, up 9.9% E-commerce grew 192% to 14.5% of Progressive Leasing GMV Consolidated Revenues of $650 million, up 6.4% Consolidated earnings before taxes of $77.9 million; Adjusted EBITDA of $93.6 million or 14.4% of revenues Diluted EPS of $0.86; Non-GAAP Diluted EPS of $0.94 Board of Directors authorizes new $1 billion share repurchase program including a modified Dutch auction tender offer to purchase up to $425 million of Company stock, which is expected to commence November 4, 2021

SALT LAKE CITY--(BUSINESS WIRE)-- PROG Holdings, Inc. (NYSE:... More