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PRGSBullishEarningsnews
High materiality7/10

Progress Software Q2 Earnings Preview: Analysts see modest growth in EPS and Revenue

Jun 24, 2026, 6:56 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Positive expectations (EPS 1.49, rev 242.74M) and a prior Q1 beat that sparked upside momentum suggest the stock could rise on a solid Q2 beat or higher guidance; however, lack of explicit guidance detail adds some execution risk.

AI summary

What happened, with direct paths to the underlying reporting

Progress Software is slated to unveil Q2 results after the bell on June 30. Street estimates call for EPS around $1.49 on roughly $242.7 million in revenue, signaling year-over-year improvement. A strong Q1 beat previously spurred a 4.3% rise in PRGS shares, making the upcoming print a pivotal near-term catalyst for the stock.

  • PRGS to report Q2 earnings after market close on June 30. Analysts expect EPS 1.49 and revenue 242.74M.
  • Q1 beat on March 30 preceded a 4.3% stock rise to $28.84.
  • No forward guidance details in the preview; focus remains on the Q2 print and outlook.
  • Benzinga notes analysts' ratings page; market reaction will hinge on beat or guidance.

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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.

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