Progress Software (PRGS) Earnings Date, Estimates & Call Transcripts

$50.70
-0.93 (-1.80%)
(As of 02:40 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 4Estimated
Actual EPS
(Mar. 26)
$1.25 Beat By $0.12
Consensus EPS
(Mar. 26)
$1.14
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PRGS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PRGS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Progress Software Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.95$1.00$0.981.120 - 1.160
Q2 20242$0.98$0.99$0.990.930 - 0.970
Q3 20242$0.97$1.01$0.99 
Q4 20242$1.00$1.06$1.03 
FY 20248$3.90$4.06$3.98 
Q1 20251$1.11$1.11$1.11 
Q3 20251$1.10$1.10$1.10 

PRGS Earnings Date and Information

Progress Software last released its quarterly earnings results on March 26th, 2024. The software maker reported $1.25 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.12. The business had revenue of $184.69 million for the quarter, compared to analyst estimates of $181.91 million. Its quarterly revenue was up 11.5% compared to the same quarter last year. Progress Software has generated $1.54 earnings per share over the last year ($1.54 diluted earnings per share) and currently has a price-to-earnings ratio of 33.0. Earnings for Progress Software are expected to grow by 9.09% in the coming year, from $3.85 to $4.20 per share. Progress Software has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 4th, 2024 based off prior year's report dates.

Progress Software Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/4/2024
Estimated)
------- 
3/26/2024Q1 2024$1.1350$1.25+$0.1150$1.55$181.91 million$184.69 million    
1/16/2024Q4 2023$0.9080$1.02+$0.1120$1.34$174.12 million$177.52 million    
9/26/2023Q3 2023$1.00$1.08+$0.08$1.38$173.27 million$175.78 million    
6/29/2023Q2 2023$0.90$1.06+$0.16$1.47$169.78 million$179.23 million    
3/28/2023Q1 2023$1.05$1.19+$0.14$1.49$158.77 million$165.61 million    
1/17/2023Q4 2022$0.93$0.91($0.02)$1.28$163.04 million$159.17 million    
9/27/2022Q3 2022$0.82$0.85+$0.03$1.20$148.10 million$153.06 million    
6/28/2022Q2 2022$0.80$0.87+$0.07$1.08$146.45 million$148.70 million    
3/29/2022Q1 2022$0.72$0.85+$0.13$1.24$139.24 million$147.51 million    
1/18/2022Q4 2021$0.62$0.78+$0.16$1.23$136.12 million$143.73 million    
9/22/2021Q3 2021$0.82$1.18+$0.36$1.42$131.07 million$152.60 million    
6/23/2021Q2 2021$0.73$0.82+$0.09$1.04$121.99 million$129.20 million    

Progress Software Earnings - Frequently Asked Questions

When is Progress Software's earnings date?

Progress Software has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 4th, 2024 based off last year's report dates. Learn more on PRGS's earnings history.

Did Progress Software beat their earnings estimates last quarter?

In the previous quarter, Progress Software (NASDAQ:PRGS) reported $1.25 earnings per share (EPS) to beat the analysts' consensus estimate of $1.14 by $0.12. Learn more on analysts' earnings estimate vs. PRGS's actual earnings.

How can I listen to Progress Software's earnings conference call?

The conference call for Progress Software's latest earnings report can be listened to online. Listen to Conference Call

How can I read Progress Software's conference call transcript?

The conference call transcript for Progress Software's latest earnings report can be read online. Read Transcript

How much revenue does Progress Software generate each year?

Progress Software (NASDAQ:PRGS) has a recorded annual revenue of $694.44 million.

How much profit does Progress Software generate each year?

Progress Software (NASDAQ:PRGS) has a recorded net income of $70.20 million. PRGS has generated $1.54 earnings per share over the last four quarters.

What is Progress Software's price-to-earnings ratio?

Progress Software (NASDAQ:PRGS) has a trailing price-to-earnings ratio of 32.96 and a forward price-to-earnings ratio of 13.18. The price/earnings-to-growth ratio is 6.69.

What is Progress Software's EPS forecast for next year?

Progress Software's earnings are expected to grow from $3.85 per share to $4.20 per share in the next year, which is a 9.09% increase.


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This page (NASDAQ:PRGS) was last updated on 4/25/2024 by MarketBeat.com Staff

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