Pros Holdings (PRO) Misses Q3 EPS by 24c, Revenues Beat; Offers 4Q & FY20 Revenue Outlook Below Consensus

Pros Holdings (NYSE: PRO) reported Q3 EPS of ($0.44), $0.24 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $61.5 million versus the consensus estimate of $59.99 million.

“I’m proud of how our team is executing and rallying to help our customers win in their markets during these difficult times,” stated CEO Andres Reiner. “Buyers are continuing to shift to digital, self-serve channels, and our latest innovations and AI solutions are enabling companies to deliver an optimized, omnichannel experience wherever their customers want to buy. Our digital selling technology is more important than ever, and we’re focused on delivering on our mission of helping people and companies outperform.”

GUIDANCE:

Pros Holdings sees Q4 2020 EPS of ($0.18)-($0.16), versus the consensus of ($0.17). Pros Holdings sees Q4 2020 revenue of $58.9-59.9 million, versus the consensus of $61.97 million.

Pros Holdings sees FY2020 revenue of $250.5-251.5 million, versus the consensus of $252.24 million.

For earnings history and earnings-related data on Pros Holdings (PRO) click here.

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