PROS (PRO) Set to Announce Quarterly Earnings on Tuesday

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

PROS (NYSE:PRO) last posted its earnings results on Thursday, February 8th. The software maker reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04). The firm had revenue of $77.48 million during the quarter, compared to analysts’ expectations of $76.70 million. During the same period in the prior year, the company earned ($0.20) EPS. The business’s revenue was up 9.2% on a year-over-year basis. 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 $34.32 on Tuesday. The company’s fifty day moving average is $35.33 and its 200 day moving average is $35.75. PROS has a fifty-two week low of $24.61 and a fifty-two week high of $40.99.

Wall Street Analyst Weigh In

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

Insider Activity

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

PROS Company Profile

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.