NYSE$PRG
Prog Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported first quarter results, with revenue benefiting from penetration with large national partners and continued growth in e-commerce, offset by macroeconomic factors.
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.
Headline financials
Revenue & EPS history
Prog Holdings · Revenue · Quarterly
$710M
Revenue by segment
Prog Holdings · $693M total across 2 segments · Q1 2022
- Progressive Leasing$693M-2.1%99.9%
- Other$434K—0.1%
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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.6%
Avg return
Earnings day
+3.2%
Avg return
5 days after
+5.3%
Avg return
30 days after
57%
36 / 63 earnings
Positive
+24.2%
Q1 2020
Best reaction
-43.1%
Q1 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.1% | +24.2% | +26.6% | |
| Q4 2025 | +6.6% | +12.7% | -18.1% | |
| Q3 2025 | -0.8% | -3.5% | -14.1% | |
| Q1 2025 | -7.0% | -2.6% | +6.5% | |
| Q3 2024 | -8.7% | -8.6% | +1.0% | |
| Q2 2024 | +22.2% | +29.9% | +36.4% | |
| Q1 2024 | +6.6% | +5.2% | +8.3% | |
| Q4 2023 | -11.3% | -9.2% | +6.7% | |
| Q3 2023 | -0.4% | -2.6% | -4.4% | |
| Q2 2023 | +14.9% | +11.9% | -7.3% | |
| Q1 2023 | +17.6% | +17.2% | +29.6% | |
| Q4 2022 | +5.9% | +8.4% | +1.2% | |
| Q3 2022 | +11.8% | +16.3% | +33.3% | |
| Q2 2022 | +8.3% | +16.3% | +10.7% | |
| Q1 2022 | +2.0% | +2.4% | +6.3% | |
| Q4 2021 | -12.8% | -14.2% | -19.1% | |
| Q3 2021 | +13.0% | +14.0% | +9.6% | |
| Q2 2021 | -3.7% | -6.0% | +5.1% | |
| Q1 2021 | +3.1% | +8.4% | +6.7% | |
| Q4 2020 | +0.8% | -2.2% | -9.3% | |
| Q3 2020 | -4.5% | +1.6% | +18.2% | |
| Q2 2020 | +16.8% | +14.2% | +26.0% | |
| Q1 2020 | +24.2% | +14.2% | +58.2% | |
| Q4 2019 | -22.8% | -24.0% | -73.3% | |
| Q3 2019 | -11.6% | -21.3% | -22.1% | |
| Q2 2019 | -1.4% | -2.8% | -4.4% | |
| Q1 2019 | +7.1% | +4.5% | +2.2% | |
| Q4 2018 | +5.2% | +4.6% | +2.5% | |
| Q3 2018 | -6.0% | -4.6% | +0.9% | |
| Q2 2018 | -0.1% | -0.5% | +16.0% | |
| Q1 2018 | -7.4% | -10.7% | -9.5% | |
| Q4 2017 | +7.6% | +5.5% | +19.8% | |
| Q3 2017 | -12.2% | -14.9% | -16.1% | |
| Q2 2017 | +13.9% | +13.1% | +8.8% | |
| Q1 2017 | +14.4% | +16.2% | +11.9% | |
| Q4 2016 | -8.6% | -8.3% | +1.9% | |
| Q3 2016 | +9.2% | +9.6% | +30.8% | |
| Q2 2016 | +9.8% | +8.5% | +12.7% | |
| Q1 2016 | +3.9% | — | — | |
| Q4 2015 | -6.0% | — | — | |
| Q3 2015 | -24.3% | — | — | |
| Q2 2015 | -9.2% | — | — | |
| Q1 2015 | +14.5% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | -4.1% | — | — | |
| Q2 2014 | +0.8% | — | — | |
| Q1 2014 | +0.6% | — | — | |
| Q4 2013 | +0.4% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | +3.8% | — | — | |
| Q3 2012 | -1.2% | — | — | |
| Q2 2012 | +0.8% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | -4.2% | — | — | |
| Q2 2011 | +2.3% | — | — | |
| Q1 2011 | +1.7% | — | — | |
| Q4 2010 | +2.2% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q2 2010 | -4.7% | — | — | |
| Q1 2010 | -43.1% | — | — |
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