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

Procore Technologies

04/05/2023 01:01

* Procore Technologies Inc  PCOR.N  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in March.
The mean expectation of fifteen analysts for the quarter was
for a loss of 12 cents per share.
    * Revenue rose 33.9% to $213.53 million from a year ago;
analysts
expected $203.27 million. 
    * Procore Technologies Inc's reported EPS for the quarter
was a
loss of 45 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.6%
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 13.5% this
quarter and gained 14.8% so far this year.
    * The company reported a quarterly loss of $63.45 million.
    * Wall Street's median 12-month price target for Procore
Technologies Inc is $75.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 12:01 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.12          0.01           Beat
 Dec. 31 2022      -0.14          -0.08          Beat
 Sep. 30 2022      -0.17          -0.09          Beat
 Jun. 30 2022      -0.17          -0.19          Missed