PROS (PRO) to Release Earnings on Tuesday

PROS (NYSE:PRO) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

PROS (NYSE:PRO) last released its quarterly earnings data on Tuesday, July 30th. The software maker reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. The business had revenue of $82.01 million for the quarter, compared to analysts’ expectations of $81.38 million. PROS’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the company earned ($0.24) earnings per share. On average, analysts expect PROS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PROS Stock Up 2.3 %

PRO opened at $18.56 on Friday. The firm has a 50-day moving average price of $18.51 and a 200-day moving average price of $24.81. PROS has a twelve month low of $16.64 and a twelve month high of $40.99. The company has a market capitalization of $876.22 million, a price-to-earnings ratio of -20.17 and a beta of 1.21.

Analyst Ratings Changes

A number of equities research analysts have issued reports on PRO shares. Craig Hallum lowered their target price on shares of PROS from $32.00 to $31.00 and set a “hold” rating on the stock in a report on Wednesday, July 31st. KeyCorp cut their target price on PROS from $43.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday, July 31st. Oppenheimer decreased their price target on PROS from $31.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday. Bank of America cut their price objective on shares of PROS from $43.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, August 27th. Finally, StockNews.com raised shares of PROS from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, PROS currently has a consensus rating of “Moderate Buy” and an average price target of $34.29.

About PROS

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.