PROS HoldingsNYSE: PRO

Pros Holdings (PRO) is now considered oversold from a technical standpoint, suggesting that the intense selling pressure on the stock may be coming to an end. With Wall Street analysts united in raising earnings estimates, there is potential for a turnaround in the stock's performance in the near future.

PROS will announce its financial results for the first quarter of 2024 on May 7, 2024, after the U.S. markets close. A conference call to discuss the results and business outlook will be held at 4:45 PM ET on the same day. To participate, dial 1-877-300-8521.

PROS Holdings, Inc. (PRO) Q4 2023 Earnings Call Transcript

The headline numbers for Pros Holdings (PRO) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Pros Holdings (PRO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Pros Holdings (PRO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PROS Holdings sells profit and revenue optimization software that helps companies in pricing products. The company has experienced strong revenue growth and is transitioning to a subscription-based billing model fueling sustainable future growth. Despite the growth, PROS seems overpriced as too much growth and operating leverage seem to be priced in.

While the top- and bottom-line numbers for Pros Holdings (PRO) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Pros Holdings (PRO) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.06 per share a year ago.