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

Procore Technologies

05/05/2022 19:42

* Procore Technologies Inc  PCOR.N  reported a quarterly
adjusted
loss of 15 cents​​ per share for the quarter ended in March. The
mean expectation of ten analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue was $159.52 million​;  analysts expected $150.25
million. 
    * Procore Technologies Inc's reported EPS for the quarter
was a
loss of 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Procore Technologies Inc shares had fallen by 6.4% this
quarter and lost 32.1% so far this year.
    * The company reported a quarterly loss of $71.42 million.
    * Wall Street's median 12-month price target for Procore
Technologies Inc is $81.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 06:42 p.m.  ​All
figures in US dollars unless otherwise stated