PROS (PRO) Expected to Announce Quarterly Earnings on Thursday

PROS (NYSE:PROGet Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect PROS to post earnings of $0.12 per share and revenue of $84.74 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

PROS (NYSE:PROGet Free Report) last released its quarterly earnings results on Tuesday, October 29th. The software maker reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. The business had revenue of $82.70 million for the quarter, compared to the consensus estimate of $82.32 million. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm posted ($0.17) EPS. On average, analysts expect PROS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PROS Trading Down 2.0 %

Shares of NYSE PRO opened at $24.33 on Thursday. PROS has a 12-month low of $16.64 and a 12-month high of $38.71. The company has a market cap of $1.15 billion, a PE ratio of -39.24 and a beta of 1.21. The stock has a 50 day simple moving average of $23.12 and a 200-day simple moving average of $21.25.

Analyst Ratings Changes

A number of brokerages have recently commented on PRO. Craig Hallum raised PROS from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Wednesday, October 30th. KeyCorp lowered their target price on shares of PROS from $36.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Needham & Company LLC dropped their price target on shares of PROS from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Oppenheimer cut shares of PROS from an “outperform” rating to a “market perform” rating in a report on Thursday, January 16th. Finally, StockNews.com raised PROS from a “hold” rating to a “buy” rating in a report on Saturday, November 16th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.88.

Read Our Latest Research Report on PRO

PROS Company Profile

(Get Free Report)

PROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.

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Earnings History for PROS (NYSE:PRO)

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