Pros Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

PROS Holdings

30/10/2024 04:08

* Pros Holdings Inc  PRO.N  reported quarterly adjusted
earnings
of 14 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 9 cents.  The mean expectation of eight analysts
for the quarter was for earnings of 9 cents per share. Wall
Street expected results to range from 8 cents to 10 cents per
share.
    * Revenue rose 7.1% to $82.70 million from a year ago;
analysts
expected $82.32 million. 
    * Pros Holdings Inc's reported EPS for the quarter was
breakeven
results​.
    * The company reported quarterly net income of $235
thousand.
    * Pros Holdings Inc shares had risen by 3.0% this
quarter and
lost 50.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.3%
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 7 "strong buy" or "buy," 1
"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 Pros Holdings Inc
is 35.00 
This summary was machine generated from LSEG data October 30 at
04:08 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
 Sep. 30 2024      0.09           0.14           Beat
 Jun. 30 2024      0.02           0.07           Beat
 Mar. 31 2024      0.01           0.04           Beat
 Dec. 31 2023      0.05           0.02           Missed