Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

Bert Hochfeld graduated with a degree in economics from the University of Pennsylvania and received an MBA from Harvard. Mr. Hochfeld has enjoyed a long career in the tech world, working for IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software. Starting in the 1990s, Mr. Hochfeld worked as a sell-side analyst and won awards from the Wall Street Journal for his coverage of the software space. In 2001, Mr. Hochfeld formed his own independent research company, Hochfeld Independent Research Group, which ...

Anchiy/E+ via Getty Images I first reviewed Procore Technologies (NYSE:PCOR) back in April. I liked that the founder-led company was growing revenue and client count in an industry that historically has seen little innovation. However, since that article the stock is down nearly 30% and YTD Procore is down nearly 20%. The company shared some strategic changes to the business on the last earnings call, which I think surprised Wall Street but will yield dividends for the company in the years to come. Let's di ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ...

Procore Technologies, Inc. (NYSE:PCOR) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Matthew Puljiz - SVP, Finance and Investor Relations Tooey Courtemanche - Founder, CEO , President & Chairman Howard Fu - CFO Conference Call Participants Dylan Becker - William Blair & Company Saket Kalia - Barclays Jason Celino - KeyBanc Capital Markets Alexei Gogolev - JPMorgan Nick Altmann - Scotiabank Robert Trout - Macquarie Brent Thill - Jefferies Andrew Sherman - TD Cowen Operator ...

Procore Technologies (PCOR) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 62.50%. A quarter ago, it was expected that this construction management software would post earnings of $0.16 per share when it actually produced earnings of $0.30, delivering a surprise of 87.50%. Over the ...

Exhibit 99.1 Procore Announces Second Quarter 2024 Financial Results CARPINTERIA, CA – August 1, 2024 – Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the second quarter ended June 30, 2024. "We are in the early innings of transforming one of the largest and least digitized industries in the world," said Tooey Courtemanche, Founder, President, and CEO of Procore. "I am excited about the future of Procore as we e ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $275.45 million, up 20.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 2.35% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reasse ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Procore Technologies (PCOR) , which belongs to the Zacks Technology Services industry, could be a great candidate to consider. For Procore Technologies, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicato ...

FORM 10-Q _________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ t ...