Pros Holdings (NYSE:PRO) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Pros Holdings beat estimated earnings by 12.5%, reporting an EPS of $-0.21 versus an estimate of $-0.24.
Revenue was up $5.11 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 2.73% drop in the share price the next day.
Here's a look at Pros Holdings's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.23 | -0.22 | -0.22 | -0.27 |
| EPS Actual | -0.16 | -0.13 | -0.14 | -0.22 |
| Revenue Estimate | 63.65M | 62.39M | 61.69M | 60.27M |
| Revenue Actual | 64.97M | 62.67M | 62.40M | 61.38M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Pros Holdings management provided guidance for Q2 2022, expecting earnings between $-0.19 and $-0.17 per share.
To track all earnings releases for Pros Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
