Procore Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

Procore Technologies

01/08/2025 01:01

Procore Technologies Inc PCOR.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 39 cents.  The mean expectation of nineteen analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 22 cents to 31 cents per share.

Revenue rose 13.9% to $323.92 million from a year ago; analysts expected $312.41 million.

Procore Technologies Inc's reported EPS for the quarter was a loss of 14 cents​.

The company reported a quarterly loss of $21.09 million.

Procore Technologies Inc shares had risen by 8.9% this quarter and lost 0.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Procore Technologies Inc is $77.66, about 7.8% above its last closing price of $71.63

This summary was machine generated from LSEG data August 1 at 12:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.26
0.35
Beat
Mar. 31 2025
0.18
0.23
Beat
Dec. 31 2024
0.12
0.01
Missed
Sep. 30 2024
0.22
0.24
Beat