Progress(US:PRGS) ZACKS·2026-01-14 15:15Core Insights - Wall Street analysts expect Progress Software (PRGS) to report quarterly earnings of $1.31 per share, reflecting a year-over-year decline of 1.5% [1] - Revenue is anticipated to be $252.68 million, which represents a 17.5% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the past 30 days, indicating stability in analysts' projections [1] Revenue Estimates - Analysts project 'Revenue- Software licenses' to reach $59.82 million, indicating a year-over-year decline of 18.5% [4] - The consensus for 'Revenue- Maintenance' is expected to be $105.12 million, reflecting a 2.1% increase from the prior-year quarter [4] - 'Revenue- Maintenance and services (Maintenance, SaaS, and professional services)' is estimated at $187.82 million, showing a significant year-over-year increase of 32.7% [5] Stock Performance - Over the past month, Progress Software shares have declined by 2.8%, contrasting with the Zacks S&P 500 composite's increase of 2.1% [5] - Based on its Zacks Rank 3 (Hold), PRGS is expected to perform in line with the overall market in the near term [5]