PROS Holdings Earnings: Here’s Why the Stock is Rising Now

PROS Holdings, Inc. (NYSE:PRO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 1.95%.

PROS Holdings, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 20% to $0.12 in the quarter versus EPS of $0.10 in the year-earlier quarter.

Revenue: Rose 26.27% to $35.52 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: PROS Holdings, Inc. reported adjusted EPS income of $0.12 per share. By that measure, the company beat the mean analyst estimate of $0.11. It beat the average revenue estimate of $35 million.

Quoting Management: CEO Andres Reiner stated, “We are pleased with our results this quarter, which exceeded guidance. Our solid performance reflects increasing recognition among executives that big data is an untapped source for sales growth. PROS is in a strong and differentiated position to deliver on the promise of big data, and we will continue to invest in innovation to drive further value for our customers and continued preference for PROS.”

Key Stats (on next page)…

Revenue increased 5.62% from $33.63 million in the previous quarter. EPS decreased 20% from $0.15 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.12 and has not changed. For the current year, the average estimate has moved up from a profit of $0.5 to a profit of $0.51 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)