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

Procore Technologies

03/08/2023 02:42

* Procore Technologies Inc  PCOR.N  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in June.
The mean expectation of sixteen analysts for the quarter was
for a loss of 9 cents per share.
    * Revenue rose 32.7% to $228.54 million from a year ago;
analysts
expected $217.82 million. 
    * Procore Technologies Inc's reported EPS for the quarter
was a
loss of 37 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 16.3% this
quarter and gained 60.4% so far this year.
    * The company reported a quarterly loss of $52.88 million.
    * Wall Street's median 12-month price target for Procore
Technologies Inc is $80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:42 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.09          0.02           Beat
 Mar. 31 2023      -0.12          0.01           Beat
 Dec. 31 2022      -0.14          -0.08          Beat
 Sep. 30 2022      -0.17          -0.09          Beat