PROG Holdings: Q3 Earnings Snapshot

DRAPER, Utah (AP) — DRAPER, Utah (AP) — PROG Holdings, Inc. (PRG) on Wednesday reported profit of $37.2 million in its third quarter.

The Draper, Utah-based company said it had profit of 91 cents per share. Earnings, adjusted for one-time gains and costs, were $1.06 per share.

The rent-to-own company posted revenue of $725.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $736.4 million.

PROG Holdings expects full-year earnings in the range of $4.70 to $4.85 per share, with revenue in the range of $3.02 billion to $3.05 billion.

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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