Procore Technologies Inc expected to post earnings of 16 cents a share - Earnings Preview

Procore Technologies

30/04/2024 01:34

* Procore Technologies Inc  PCOR.N   PCOR.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Carpinteria California-based  company is expected to
report
a 23.2% increase in revenue to $263.154 million from $213.53
million a year ago, according to the mean estimate from 17
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Procore Technologies Inc
is
for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Procore
Technologies Inc is $89.81​, above​ its last closing price
of $70.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.08        0.07       0.17      Beat    136.5
 Sep. 30 0001  -0.05       -0.05      0.09      Beat    265.3
 Jan. 1 0001   -0.09       -0.09      0.02      Beat    121.3​
 Jan. 1 0001   -0.12       -0.12      0.01      Beat    108.1
 ​​Dec.        -0.14       -0.14      -0.08     Beat    42.9
 31 2022                                                
 Sep. 30 2022  -0.17       -0.17      -0.09     Beat    47.7​
 Jun. 30 2022  -0.17       -0.17      -0.19     Missed  -8.9
 Mar. 31 2022  -0.17       -0.17      -0.15     Beat    14.3
 This summary was machine generated April 30 at 00:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)