Procore Technologies Q3 EPS $0.09 Beats $(0.05) Estimate, Sales $247.91M Beat $233.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Procore Technologies (NYSE:PCOR) reported Q3 earnings of $0.09 per share, beating the analyst consensus estimate of $(0.05) by 280 percent. This is a 200 percent increase over losses of $(0.09) per share from the same period last year. The company also reported quarterly sales of $247.91 million, beating the analyst consensus estimate of $233.71 million by 6.07 percent, a 32.98 percent increase over sales of $186.43 million the same period last year.
November 01, 2023 | 8:07 pm
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POSITIVE IMPACT
Procore Technologies reported strong Q3 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost investor confidence and positively impact the company's stock price in the short term.
Procore Technologies reported a significant increase in earnings and sales compared to the same period last year, and also beat analyst estimates. This strong financial performance indicates the company's growth and profitability, which could potentially boost investor confidence and positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100