PROG Holdings Inc (NYSE:PRG)
$ 35.5 -0.08 (-0.22%) Market Cap: 1.53 Bil Enterprise Value: 1.89 Bil PE Ratio: 14.49 PB Ratio: 2.62 GF Score: 86/100

Q4 2021 PROG Holdings Inc Earnings Call Transcript

Feb 23, 2022 / 01:30PM GMT
Release Date Price: $31.02 (-13.18%)
Operator

Good morning and welcome to PROG Holdings Inc.'s Fourth Quarter and Fiscal Year 2021 Financial Results Conference Call. (Operator Instructions) Please note this event is being recorded.

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

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

Thank you, and good morning, everyone. Welcome to the PROG Holdings fourth quarter and year-end 2021 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 Progressive Leasing's GMV and customer payment trends for 2022, including levels of payment delinquencies in write-offs, our capital

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