Pros Holdings Inc reports results for the quarter ended in June - Earnings Summary

PROS Holdings

31/07/2024 02:04

* Pros Holdings Inc  PRO.N  reported quarterly adjusted
earnings
of 7 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -1 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 2 cents per share. Wall Street
expected results to range from 1 cents to 3 cents per share.
    * Revenue rose 8.2% to $82.00 million from a year ago;
analysts
expected $81.38 million. 
    * Pros Holdings Inc's reported EPS for the quarter was a
loss
of 16 cents​.
    * The company reported a quarterly loss of $7.4 million.
    * Pros Holdings Inc shares had fallen by 11.7% this
quarter and
lost 34.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 52%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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

Wall Street's median 12-month price target for Pros Holdings Inc
is $40.00 
This summary was machine generated from LSEG data July 31 at
01:04 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 2024      0.02           0.07           Beat
 Mar. 31 2024      0.01           0.04           Beat
 Dec. 31 2023      0.05           0.02           Missed
 Sep. 30 2023      0.03           0.09           Beat