PROG Holdings Inc (NYSE:PRG)
$ 47.42 -2.23 (-4.49%) Market Cap: 1.97 Bil Enterprise Value: 2.45 Bil PE Ratio: 13.14 PB Ratio: 3.12 GF Score: 86/100
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Q2 2022 PROG Holdings Inc Earnings Call Transcript

Jul 27, 2022 / 12:30PM GMT
Release Date Price: $17.4 (+6.03%)
Operator

Good morning and welcome to the PROG Holdings, Inc., Second Quarter 2022 Earnings Conference Call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Mr. John Baugh, Vice President of Investor Relations for PROG Holdings. Please go ahead.

John Allen Baugh
PROG Holdings, Inc. - VP of IR

Thank you and good morning, everyone. Welcome to the PROG Holdings Second Quarter 2022 Earnings Call. Joining me this morning are Steve Michaels, PROG Holdings President and Chief Executive Officer; and Brian Garner, our Chief Financial Officer.

Many of you have already seen a copy of our earnings release issued this morning, which is available on our Investor Relations website, investor.progholdings.com. During this call, certain statements we make will be forward-looking including comments regarding our expectations related to the impact of our lease decisioning adjustments on write-off levels, Progressive Leasing's write-off levels for full year 2022 and the benefits we expect from the

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