DRAPER, Utah (AP) — DRAPER, Utah (AP) — PROG Holdings, Inc. (PRG) on Wednesday reported profit of $84 million in its third quarter.
The Draper, Utah-based company said it had profit of $1.94 per share. Earnings, adjusted for one-time gains and costs, were 77 cents per share.
The rent-to-own company posted revenue of $606.1 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $599.6 million.
PROG Holdings expects full-year earnings in the range of $3.30 to $3.40 per share, with revenue in the range of $2.44 billion to $2.46 billion.
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