PROS (PRO) Scheduled to Post Quarterly Earnings on Tuesday

PROS (NYSE:PRO) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

PROS (NYSE:PRO) last issued its earnings results on Thursday, February 8th. The software maker reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.04). The business had revenue of $77.48 million during the quarter, compared to analysts’ expectations of $76.70 million. During the same quarter in the previous year, the company earned ($0.20) earnings per share. PROS’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, analysts expect PROS to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PROS Stock Performance

Shares of PRO opened at $32.89 on Friday. The firm has a fifty day moving average of $35.21 and a 200-day moving average of $35.72. The company has a market cap of $1.54 billion, a price-to-earnings ratio of -26.96 and a beta of 1.18. PROS has a 1 year low of $24.61 and a 1 year high of $40.99.

Insider Buying and Selling

In other news, CFO Stefan B. Schulz sold 6,000 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $35.92, for a total value of $215,520.00. Following the completion of the transaction, the chief financial officer now directly owns 260,223 shares in the company, valued at $9,347,210.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on PRO shares. KeyCorp upgraded shares of PROS from a “sector weight” rating to an “overweight” rating and set a $43.00 target price for the company in a research report on Friday, January 12th. Needham & Company LLC reissued a “buy” rating and issued a $40.00 price objective on shares of PROS in a report on Monday, March 4th.

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.