Progress Software (PRGS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - The market anticipates Progress Software (PRGS) to report a year-over-year increase in earnings driven by higher revenues for the quarter ended May 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on June 30, with a consensus EPS estimate of $1.30, reflecting a +19.3% year-over-year change, and revenues projected at $237.84 million, up 35.9% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections during this period [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Progress Software is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.46%, suggesting a likelihood of beating the consensus EPS estimate [12][8]. Historical Performance - Progress Software has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a +25.96% surprise in the most recent quarter where actual earnings were $1.31 compared to an expected $1.04 [13][14]. Investment Considerations - While a positive earnings surprise is a strong indicator of potential stock price movement, other factors may also influence the stock's performance post-earnings release, making it essential for investors to consider the broader context [15][17].