Stay Ahead of the Game With Progress Software (PRGS) Q3 Earnings: Wall Street's Insights on Key Metrics

Group 1 - Analysts project Progress Software (PRGS) will announce quarterly earnings of $1.14 per share, a 5.6% increase year over year [1] - Revenues are expected to reach $175.75 million, indicating no change compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, reflecting analysts' reassessment of their projections [1] Group 2 - Revenue from Services is estimated at $18.67 million, a decrease of 3.2% from the prior-year quarter [4] - Revenue from Maintenance is forecasted to reach $103.43 million, indicating a year-over-year decline of 1.7% [4] - The combined estimate for Revenue from Maintenance and Services is $122.10 million, reflecting a change of -1.9% from the prior-year quarter [4] Group 3 - Revenue from Software Licenses is projected at $54.07 million, representing a year-over-year increase of 7% [5] - Progress Software shares have changed by +0.2% in the past month, compared to the Zacks S&P 500 composite's +1.3% [5] - With a Zacks Rank 3 (Hold), PRGS is expected to closely follow overall market performance in the near term [5]