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PROG Holdings Earnings Perspective: Return On Capital Employed

PROG Holdings NYSE PRG

According to Benzinga Pro data PROG Holdings (NYSE:PRG) posted a 28.25% decrease in earnings from Q4. Sales, however, increased by 9.89% over the previous quarter to $710.46 million. Despite the increase in sales this quarter, the decrease in earnings may suggest PROG Holdings is not utilizing their capital as effectively as possible. PROG Holdings reached earnings of $37.82 million and sales of $646.54 million in Q4.

Why Is ROCE Significant?

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