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

Procore Technologies

03/11/2022 24:01

* Procore Technologies Inc  PCOR.N  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in September.
The mean expectation of thirteen analysts for the quarter was
for a loss of 17 cents per share.
    * Revenue rose 41.2% to $186.43 million from a year ago;
analysts
expected $175.28 million. 
    * Procore Technologies Inc's reported EPS for the quarter
was a
loss of 52 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
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 risen by 8.9% this
quarter and lost 32.6% so far this year.
    * The company reported a quarterly loss of $71.21 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 12 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 12:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.17          -0.09          Beat
 Jun. 30 2022      -0.17          -0.19          Missed
 Mar. 31 2022      -0.17          -0.15          Beat
 Dec. 31 2021      -0.15          -0.15          Met