PROG Holdings Updates 2026 Outlook Ahead of Investor Day [Yahoo! Finance]
PROG Holdings, Inc. (PRG)
Company Research
Source: Yahoo! Finance
Technologies, MoneyApp, and Purchasing Power, today announced it is updating its full year 2026 outlook, specifically for its Purchasing Power business, ahead of its Investor Day in New York City on March 10, 2026. In connection with the Company's acquisition of Purchasing Power in January 2026, the Company will be applying revenue recognition standard ASC 606, which the Company believes will primarily result in changes to revenue reported for Purchasing Power's Travel and Service product categories. Specifically, Travel and Service revenue will be reported net of certain direct costs, resulting in a reduction in total Purchasing Power revenue of approximately $70 million at both the high-end and low-end of the ranges the Company provided in its 2026 guidance on February 18, 2026. This result, along with other less significant adjustments that are required in connection with the Company's application of ASC 606, are not expected to have a material impact on Purchasing Power's gross
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News
- Is PROG Holdings (PRG) Still Priced Attractive After Recent Share Price Momentum [Yahoo! Finance]Yahoo! Finance
- PROG Holdings, Inc. (PRG) Analyst/Investor Day Transcript [Seeking Alpha]Seeking Alpha
- 1 Profitable Stock Worth Your Attention and 2 We Brush Off [Yahoo! Finance]Yahoo! Finance
- PROG Holdings, Inc. Investor Day Recap: Strategic Vision Outlined Including Selective Three-Year CAGR Financial TargetsBusiness Wire
- Aaron's (PRG) had its price target raised by TD Cowen from $42.00 to $43.00. They now have a "buy" rating on the stock.MarketBeat
PRG
Earnings
- 2/18/26 - Beat
PRG
Sec Filings
- 3/10/26 - Form 8-K
- 3/9/26 - Form 4
- 3/9/26 - Form 4
- PRG's page on the SEC website