Progress Software to report Q2 earnings on June 30 after market close

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Summary · why it matters

Progress Software is scheduled to announce its second-quarter earnings results on Tuesday, June 30th, after market close. The consensus earnings per share estimate is $1.49, representing a 6.4% increase year-over-year, while the consensus revenue estimate is $242.74 million, up 2.3% from the prior year. Over the last two years, the company has beaten earnings per share estimates 100% of the time and revenue estimates 75% of the time. In the past three months, earnings per share estimates have seen six upward revisions and none downward, while revenue estimates have seen five upward revisions and one downward.

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