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Mar 31, 2022
Prog Holdings Q1 2022 Earnings Report
Reported first quarter results, with revenue benefiting from penetration with large national partners and continued growth in e-commerce, offset by macroeconomic factors.
Key Takeaways
PROG Holdings reported consolidated revenues of $710.5 million for the first quarter of 2022, a decrease of 1.5% from the same period in 2021. Diluted EPS was $0.49, and non-GAAP diluted EPS was $0.57. The company is reiterating its full year 2022 consolidated outlook.
Progressive Leasing GMV was $504.5 million.
Gross leased asset portfolio grew 17.6% year-over-year.
Consolidated revenues reached $710.5 million.
Diluted EPS was $0.49; Non-GAAP Diluted EPS was $0.57.
Revenue by Segment
Forward Guidance
The Company is reiterating its full year 2022 consolidated outlook as presented in its fourth quarter 2021 earnings press release, issued on February 23, 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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