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

PROS Holdings

31/10/2023 21:55

* Pros Holdings Inc  PRO.N  reported quarterly adjusted
earnings
of 9 cents​​ per share for the quarter ended in September,
higher than the same quarter last year, when the company
reported EPS of -6 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 3 cents per
share. Wall Street expected results to range from 2 cents to 4
cents per share.
    * Revenue rose 9.8% to $77.25 million from a year ago;
analysts
expected $75.87 million. 
    * Pros Holdings Inc's reported EPS for the quarter was a
loss
of 30 cents​.
    * The company reported a quarterly loss of $13.87 million.
    * Pros Holdings Inc shares had fallen by 7.4% this
quarter and
gained 32.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 18.6%
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 $40.00 
This summary was machine generated from LSEG data October 31 at
09:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.03           0.09           Beat
 Jun. 30 2023      -0.06          -0.01          Beat
 Mar. 31 2023      -0.10          -0.06          Beat
 Dec. 31 2022      -0.13          0.02           Beat