PROG Holdings Lowers Full-Year 2026 Guidance

PROG Holdings lowered its full-year 2026 revenue guidance midpoint to $3.03 billion from $3.06 billion and set its adjusted EPS guidance midpoint at $4.78. The revisions follow a third quarter in which revenue exceeded expectations, but non-GAAP profit of $1.06 per share missed analyst consensus. Management cited a more cautious view of the consumer environment.