Procore Technologies Inc. (PCOR)
Procore Technologies (PCOR) Surpasses Q2 Earnings and Revenue Estimates
Procore Technologies (PCOR) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.39 per share a year ago.
Analysts Estimate Procore Technologies (PCOR) to Report a Decline in Earnings: What to Look Out for
Procore Technologies (PCOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Procore: 3 Things To Watch In Q2 Earnings
Procore is headlined by strong fundamentals, robust cash flow, and a reasonable valuation versus peers like Autodesk. Key Q2 watch items are management's plans to re-accelerate revenue growth, progress on margin expansion, and updates on the ongoing CEO search. Procore's non-GAAP margin expansion and consistent revenue outperformance suggest operational leverage, though GAAP profitability remains a milestone to watch.
Procore Continues To Expand Their Product Features And AI Capabilities
Procore delivered solid Q1 results with 15% revenue growth, strong margins, and robust customer retention, supporting my positive outlook. International expansion and product innovation, especially in AI and geospatial features, remain key growth drivers and differentiators versus competitors like ACC. Procore's large addressable market and low current penetration offer significant runway for customer growth and upselling opportunities.
Procore: Long-Term Tailwinds Outweigh Short-Term Uncertainties
Despite recent stock declines, I remain bullish on Procore's long-term growth, especially with market opportunities both domestically and internationally. Procore's CEO transition introduces risk as does the ever-changing tariff situation. Procore's focus on AI-driven product enhancements and strategic BIM acquisitions strengthens its competitive edge and should keep client retention high.
Procore Technologies, Inc. (PCOR) Q1 2025 Earnings Call Transcript
Procore Technologies, Inc. (NYSE:PCOR ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Alexandra Geller - Head-Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Dylan Becker - William Blair Joe Vruwink - Baird Brent Bracelin - Piper Sandler Matt Martino - Goldman Sachs DJ Hynes - Canaccord Adam Borg - Stifel Jason Celino - KeyBanc Capital Markets Operator Good afternoon. Thank you for attending today's Procore Technologies, Inc. FY 2025 Q1 Earnings Call.
Procore Technologies (PCOR) Surpasses Q1 Earnings and Revenue Estimates
Procore Technologies (PCOR) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.30 per share a year ago.
Earnings Preview: Procore Technologies (PCOR) Q1 Earnings Expected to Decline
Procore Technologies (PCOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Procore Continues To Deliver Under Industry Headwinds
Procore's Q4 earnings exceeded expectations, with revenue at $302M (16% YoY) and a gross margin of 81%, despite industry headwinds. The company continues to gain market share and win deals, with Q4 revenue growth of 16% YoY, outpacing many peers. Procore's diversified customer base and global reach enhance its durability, with high retention rates and significant international revenue growth.
Procore: A Generational Founder Steps Back, But The Business Marches On
Procore Technologies' stock offers a compelling buy opportunity at around the same price as six months ago. The company posted $1.15 billion in revenue for 2024, with 21.2% year-over-year growth, despite macroeconomic headwinds. Procore's valuation remains attractive compared to Autodesk, trading at lower EV/Revenue multiples while growing faster.
Procore Technologies: Remain Buy Rated On Growth Acceleration Beyond FY25
Procore Technologies maintains a buy rating due to strong execution, a promising GTM transition, and Procore Pay as a significant growth catalyst. 4Q24 results showed a 16% y/y revenue growth to $302 million, with notable cRPO growth and a significant increase in customers with >$1 million ARR. PCOR's GTM transition is driving enterprise expansion, evidenced by multiple seven-figure ARR contracts and improved sales productivity from a specialist-driven model.
Procore: Mixed Earnings, Revenue Tops
Procore Technologies (PCOR 1.09%), a leading provider of cloud-based construction management software, released its earnings for the fourth quarter of 2024 on February 13, 2025. The company posted revenue of $302 million, exceeding both analyst estimates of $297 million and its own guidance.
