Pros Holdings Q1 Adj $0.04 Beats $0.01 Estimate, Sales $80.69M Beat $79.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pros Holdings (NYSE:PRO) reported Q1 earnings of $0.04 per share, surpassing the $0.01 estimate, a 166.67% increase from last year's losses. Sales reached $80.69M, beating the $79.81M estimate, marking a 10.26% increase from the previous year.
May 07, 2024 | 10:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Pros Holdings reported a significant beat on both earnings and sales estimates for Q1, with earnings of $0.04 per share and sales of $80.69M.
The substantial beat on both earnings per share and sales estimates for Q1 indicates a strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100