Recap: Pros Holdings Q1 Earnings

Pros Holdings PRO reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Pros Holdings beat estimated earnings by 12.5%, reporting an EPS of $-0.21 versus an estimate of $-0.24.

Revenue was up $5.11 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 2.73% drop in the share price the next day.

Here's a look at Pros Holdings's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.23	-0.22	-0.22	-0.27
EPS Actual	-0.16	-0.13	-0.14	-0.22
Revenue Estimate	63.65M	62.39M	61.69M	60.27M
Revenue Actual	64.97M	62.67M	62.40M	61.38M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Pros Holdings management provided guidance for Q2 2022, expecting earnings between $-0.19 and $-0.17 per share.

To track all earnings releases for Pros Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.