Pros Holdings (PRO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Pros Holdings (PRO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
PROS has been recognized for its industry-leading product offering and has a dominant position in its core travel segment. Subscription revenue grew 14% year over year in Q4, lifting overall gross margins to 70%, which was 400 basis points higher than in Q4 2023. Full-year guidance calls for 11% subscription revenue growth and continued margin expansion, coupled with strong FCF generation.
PROS Holdings, Inc. (NYSE:PRO ) Q4 2024 Earnings Conference Call February 6, 2024 4:45 PM ET Company Participants Belinda Overdeput - Senior Director, Investor Relations Andres Reiner - President and CEO Stefan Schulz - Chief Financial Officer Conference Call Participants Jeff Van Reeve - Craig-Hallum Capital Group Robert Morelli - Needham & Company Parker Lane - Stifel Jason Celino - KeyBanc Capital Markets Robert Oliver - Baird Victor Cheng - Bank of America Nehal Chokshi - Northland Capital Markets Brian Schwartz - Oppenheimer & Company Operator Greetings. Welcome to PROS Holdings Fourth Quarter 2024 Earnings Conference Call.
The headline numbers for Pros Holdings (PRO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Pros Holdings (PRO) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.02 per share a year ago.
Pros Holdings (PRO) 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.
The mean of analysts' price targets for Pros Holdings (PRO) points to a 34.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
PROS Holdings' shares have risen 20% after the company exceeded its Q3 earnings guidance for both revenue and profitability. Overall revenue grew 7% year-over-year, while high-margin subscription revenue saw a stronger 12% increase. I expect FCF margins to expand from 7% this year to 15% by 2026, driven by improved gross margins and operating leverage as the business continues to scale.
Pros Holdings (PRO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The mean of analysts' price targets for Pros Holdings (PRO) points to a 46.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
PROS Holdings, Inc. (NYSE:PRO ) Q3 2024 Earnings Conference Call October 29, 2024 4:45 PM ET Company Participants Belinda Overdeput - Senior Director, Investor Relations Andres Reiner - President and CEO Stefan Schulz - Chief Financial Officer Conference Call Participants Scott Berg - Needham & Company Parker Lane - Stifel Rob Oliver - Baird Zane Meehan - KeyBanc Capital Markets Brian Schwartz - Oppenheimer & Company Nehal Chokshi - Northland Capital Markets Jeff Van Reeve - Craig-Hallum Capital Group Operator Greetings. Welcome to PROS Holdings Third Quarter 2024 Earnings Conference Call.