Procore Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Procore Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Procore Technologies Inc PCOR.N reported quarterly adjusted earnings of 47 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 34 cents to 50 cents per share.
Revenue rose 15.8% to $375.21 million from a year ago; analysts expected $365.85 million.
Procore Technologies Inc's reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $16.92 million.
Procore Technologies Inc shares had risen by 20.2% this quarter and lost 32.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 6 "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 $68.00, about 26.2% above its last closing price of $50.16
This summary was machine generated from LSEG data July 29 at 10:53 p.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 2026 | 0.42 | 0.47 | Beat |
Mar. 31 2026 | 0.36 | 0.34 | Missed |
Dec. 31 2025 | 0.35 | 0.37 | Beat |
Sep. 30 2025 | 0.32 | 0.42 | Beat |
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