Progress Software's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Progress Software (NASDAQ:PRGS) is set to release its latest quarterly earnings report on Tuesday, 2023-09-26. Analysts estimate an EPS of $1.00. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $56.26, up 35.51% over the last 52-week period.
September 25, 2023 | 2:01 pm
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Progress Software's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which has generally led to an increase in share price.
The company's history of beating EPS estimates and the subsequent increase in share price suggests that if the trend continues, the stock price may increase following the earnings report. However, the actual impact will depend on the reported earnings and the market's reaction.
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