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Here's What Key Metrics Tell Us About Pros Holdings (PRO) Q3 Earnings
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Pros Holdings (PRO - Free Report) reported $77.25 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 9.8%. EPS of $0.09 for the same period compares to -$0.06 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $75.67 million, representing a surprise of +2.09%. The company delivered an EPS surprise of +200.00%, with the consensus EPS estimate being $0.03.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pros Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Total subscription maintenance and support: $64.68 million versus $63.90 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.9% change.
Revenue- Subscription: $59.99 million versus the four-analyst average estimate of $58.95 million. The reported number represents a year-over-year change of +15.9%.
Revenue- Maintenance and support: $4.69 million compared to the $4.96 million average estimate based on four analysts. The reported number represents a change of -33.6% year over year.
Revenue- Services: $12.57 million compared to the $11.77 million average estimate based on four analysts. The reported number represents a change of +9.2% year over year.
Shares of Pros Holdings have returned -7.5% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Pros Holdings (PRO) Q3 Earnings
Pros Holdings (PRO - Free Report) reported $77.25 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 9.8%. EPS of $0.09 for the same period compares to -$0.06 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $75.67 million, representing a surprise of +2.09%. The company delivered an EPS surprise of +200.00%, with the consensus EPS estimate being $0.03.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pros Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Total subscription maintenance and support: $64.68 million versus $63.90 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.9% change.
- Revenue- Subscription: $59.99 million versus the four-analyst average estimate of $58.95 million. The reported number represents a year-over-year change of +15.9%.
- Revenue- Maintenance and support: $4.69 million compared to the $4.96 million average estimate based on four analysts. The reported number represents a change of -33.6% year over year.
- Revenue- Services: $12.57 million compared to the $11.77 million average estimate based on four analysts. The reported number represents a change of +9.2% year over year.
View all Key Company Metrics for Pros Holdings here>>>Shares of Pros Holdings have returned -7.5% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.