StocksMedium•28 October 2026•
1 min read
PROG Holdings Shares Under Pressure After Q3 Earnings Miss and Guidance Cut
Key Facts
1PROG Holdings reported Q3 adjusted EPS of $1.06, missing analyst consensus estimates by 3%.
2Third-quarter revenue rose 25.6% year-on-year to $725.8 million, exceeding expectations.
3The company lowered its full-year revenue guidance to $3.03 billion and adjusted EPS guidance to $4.78 at the midpoint.
PROG Holdings reported third-quarter adjusted earnings per share of $1.06, missing analyst consensus estimates by 3% according to StockStory. Despite the earnings miss, the company's revenue for the quarter rose 25.6% year-on-year to reach $725.8 million, which exceeded market expectations.
The company lowered its full-year financial outlook, now targeting annual revenue of $3.03 billion and adjusted EPS of $4.78 at the midpoint. PRG closed at $29.61 on October 27, 2026, prior to the release of these results, which StockStory noted triggered immediate investor concern regarding profit margins and the downward revision of guidance.