Progress Software Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Positive earnings expectations and revenue growth suggest strong market position. Historical beats often lead to price boosts.
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Positive earnings expectations and revenue growth suggest strong market position. Historical beats often lead to price boosts.
What happened, with direct paths to the underlying reporting
PRGS to announce Q2 earnings on June 30, expected at $1.30 per share. Projected Q2 revenue of $237.23 million significantly up from last year. First-quarter results exceeded expectations, showing positive momentum. Analysts maintain generally bullish outlooks despite some price target adjustments. Price targets from analysts range from $70 to $83 for PRGS.
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