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PROG Holdings Reports Fourth Quarter 2024 Results

1. PROG Holdings reported strong GMV growth and earnings for Q4 2024. 2. The results matched the high end of revenue and earnings outlook.

Earnings
-29.73%Current Return
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-0.34%S&P 500
$42.6902/19 07:39 AM EDTEvent Start
$3002/20 02:24 PM EDTLatest Updated
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FAQ

Why Bullish?

Strong Q4 results indicate financial health, which may lead to stock price appreciation. Historical trends show positive stock reactions to earnings beats in similar companies.

How important is it?

The article discusses financial results directly impacting investor perceptions and stock performance. Earnings results are crucial metrics for stock valuation in the fintech sector.

Why Short Term?

Q4 performance typically influences immediate stock reactions, affecting investor sentiment quickly. Past Q4 results have shown spikes in stock prices due to optimized earnings announcement timing.

Related Companies

NYSE:PRGNYSE:VIVENYSE:FWDNYSE:BLD
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the fourth quarter ended December 31, 2024. "We finished 2024 with an excellent fourth quarter, delivering a third consecutive quarter of strong GMV growth and approximating the high end of our outlook ranges for both our revenues and earnings for the period," said PROG Holdings President and CEO.

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