A Sneak Peek At PROS Holdings, Inc. ($PRO) 3Q20 Earnings

73

PROS Holdings, Inc. (NYSE:PRO) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.2 per share.

For the full year, analysts predict revenues of $ 252.24 million, while looking forward to loss of $ 0.73 per share.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ -0.22 ~ $ -0.18 per share, while revenues are expected in a range of $ 59.00 million ~ $ 61.00 million

Full Year 2020 topline are forecasted in a range of$ 288.50 million ~ $ 290.50 million

Click Here For More Historical Outlooks Of PROS Holdings, Inc.

Previous Quarter Performance

PROS Holdings, Inc. reported loss for the second quarter of $ 0.14 per share, from the revenue of $ 63.75 million. Wall street analysts are predicting, PRO to report 2Q20 loss of $ 0.22 per share from revenue of $ 60.53 million. The bottom line results beat street analysts by $ 0.08 or 36.36 percent, at the same time, top line results outshined analysts by $ 3.22 million or 5.32 percent.

Stock Performance

Shares of PROS Holdings, Inc. traded low $ -0.65 or -2.06 percent on Wednesday, reaching $ 30.86 with volume of 462.80 thousand shares. PROS Holdings, Inc. has traded high as $ 31.29 and has cracked $ 30.41 on the downward trend

According to the previous trading day, closing price of $ 30.86, representing a 59.71 % increase from the 52 week low of $ 19.73 and a 54.21 % decrease over the 52 week high of $ 68.81.

The company has a market capital of $ 1.34 billion and is part of the Technology sector and Software – Application industry.

Conference Call

PROS Holdings, Inc. will be hosting a conference call at 4:45 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pros.com

PROS Holdings, Inc. offers artificial intelligence (AI) solutions that power commerce in the digital economy worldwide. The companys solutions enable buying experiences for business-to-business (B2B) and business-to-consumer companies.