Procore Technologies Inc reports results for the quarter ended in December - Earnings Summary

Procore Technologies

17/02/2023 01:01

* Procore Technologies Inc  PCOR.N  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in December.
The mean expectation of fourteen analysts for the quarter was
for a loss of 14 cents per share.
    * Revenue rose 38.3% to $202.05 million from a year ago;
analysts
expected $189.98 million. 
    * Procore Technologies Inc's reported EPS for the quarter
was a
loss of 51 cents​.
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Procore Technologies Inc shares had risen by 35.5% this
quarter.
    * The company reported a quarterly loss of $71.18 million.
    * Wall Street's median 12-month price target for Procore
Technologies Inc is $70.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
17 at 01:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.08          Beat
 Sep. 30 2022      -0.17          -0.09          Beat
 Jun. 30 2022      -0.17          -0.19          Missed
 Mar. 31 2022      -0.17          -0.15          Beat