NYSE$PRG
Prog Holdings Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported second quarter 2022 results with consolidated revenues of $649.4 million and diluted EPS of $0.37.
PROG Holdings reported a decrease in consolidated revenues to $649.4 million, a net income of $19.5 million, and a diluted EPS of $0.37 for the second quarter of 2022. The company is focused on increasing its market share and has launched as the exclusive lease-to-own provider for Samsung.com.
- Progressive Leasing GMV decreased by 2.4% year-over-year to $494.0 million.
- E-commerce accounted for 15.6% of Progressive Leasing GMV, an increase of 17.6% year-over-year.
- Consolidated revenues decreased by 1.6% year-over-year to $649.4 million.
- Diluted EPS was $0.37, and Non-GAAP Diluted EPS was $0.52.
Headline financials
Revenue & EPS history
Prog Holdings · Revenue · Quarterly
$649M
Revenue by segment
Prog Holdings · $632M total across 2 segments · Q2 2022
- Progressive Leasing$631M-2.3%99.9%
- Other$582K—0.1%
Forward guidance
The company is reiterating its revised full year 2022 consolidated outlook as presented in its press release issued on June 16, 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 Q2 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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