PCOR Stock Recent News

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Procore Technologies (PCOR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Procore Technologies, Inc. (NYSE:PCOR ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Matthew Puljiz - Vice President of Finance Tooey Courtemanche - Founder, President & Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Dylan Becker - William Blair Brent Bracelin - Piper Sandler Brent Thill - Jefferies Ken Wong - Oppenheimer Aaron Kimson - Citizens JMP Operator Good afternoon. Thank you for attending today's Procore Technologies, Inc. Fiscal Year '24 Q1 Earnings Call.

Procore Technologies (PCOR) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.01 per share a year ago.

Procore Technologies (PCOR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, May 1, 2024. In conjunction with this announcement, Procore will host a conference call on Wednesday, May 1, 2024 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access.

Procore Technologies is a leading provider of cloud-based construction management software and is led by a strong founder-led CEO. The company has been growing revenue and client count, but is still unprofitable, and its stock is down since going public. Procore operates in the construction industry, which is one of the largest and least digitized industries, presenting a significant opportunity for growth.

Procore Technologies (PCOR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how Procore Technologies (PCOR) and The Real Brokerage Inc. (REAX) have performed compared to their sector so far this year.