PROG Holdings: Q1 Earnings Snapshot

DRAPER, Utah (AP) — DRAPER, Utah (AP) — PROG Holdings, Inc. (PRG) on Wednesday reported earnings of $34.7 million in its first quarter.

On a per-share basis, the Draper, Utah-based company said it had net income of 83 cents. Earnings, adjusted for one-time gains and costs, came to 90 cents per share. The rent-to-own company posted revenue of $684.



1 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $678.6 million.

PROG Holdings expects full-year earnings in the range of $2.90 to $3.30 per share, with revenue in the range of $2.

42 billion to $2.5 billion. This story was generated by Automated Insights ( http://automatedinsights.

com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on PRG at https://www.zacks.

com/ap/PRG.