Procore Technologies (NYSE: PCOR ) is a leading global provider of cloud-based construction management software. Their five integrated product categories-Preconstruction, Project Execution, Workforce Management, Financial Management, and Construction Intelligence - enable global contractors to automate their construction lifecycle. I think the company has huge runway for futureMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Procore Technologies (PCOR) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this construction management software, should get reflected in its stock price. After all, empirical research shows a st ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ ...

Procore Technologies, Inc. (NYSE:PCOR) Q3 2024 Earnings Call October 30, 2024 5:00 PM ET Company Participants Alexandra Geller - Head, Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants DJ Hynes - Canaccord Joe Vruwink - Baird Luv Sodha - Jefferies Saket Kalia - Barclays Brent Bracelin - Piper Sandler Adam Borg - Stifel Dylan Becker - William Blair Jason Celino - KeyBanc Nick Altmann - Scotiabank Sameer Pate ...

Procore Technologies (PCOR) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this construction management software would post earnings of $0.24 per share when it actually produced earnings of $0.39, delivering a surprise of 62.50%. Over the ...

Exhibit 99.1 Procore Announces Third Quarter 2024 Financial Results CARPINTERIA, CA – October 30, 2024 – Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the third quarter ended September 30, 2024. "We have made good progress on our go-to-market transition we announced last quarter," said Tooey Courtemanche, Founder, President, and CEO of Procore. "We believe this evolution will position us to become a multi-billi ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

Bert Hochfeld graduated with a degree in economics from the University of Pennsylvania and received an MBA from Harvard. Mr. Hochfeld has enjoyed a long career in the tech world, working for IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software. Starting in the 1990s, Mr. Hochfeld worked as a sell-side analyst and won awards from the Wall Street Journal for his coverage of the software space. In 2001, Mr. Hochfeld formed his own independent research company, Hochfeld Independent Research Group, which ...

Anchiy/E+ via Getty Images I first reviewed Procore Technologies (NYSE:PCOR) back in April. I liked that the founder-led company was growing revenue and client count in an industry that historically has seen little innovation. However, since that article the stock is down nearly 30% and YTD Procore is down nearly 20%. The company shared some strategic changes to the business on the last earnings call, which I think surprised Wall Street but will yield dividends for the company in the years to come. Let's di ...