Workflow
Financial services software
icon
Search documents
Progress Software (PRGS) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2025-09-29 22:26
Core Insights - Progress Software (PRGS) reported quarterly earnings of $1.5 per share, exceeding the Zacks Consensus Estimate of $1.3 per share, and showing an increase from $1.26 per share a year ago, resulting in an earnings surprise of +15.38% [1] - The company achieved revenues of $249.8 million for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 3.93% and up from $178.69 million year-over-year [2] - Progress Software has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Financial Performance - The company has delivered a revenue surprise three times in the last four quarters, indicating strong performance relative to market expectations [2] - Despite the positive earnings report, Progress Software shares have declined approximately 35.5% year-to-date, contrasting with a 13% gain in the S&P 500 [3] Future Outlook - The future performance of Progress Software's stock will largely depend on management's commentary during the earnings call and the subsequent revisions of earnings estimates [3][4] - Current consensus estimates for the upcoming quarter are $1.32 EPS on $251.11 million in revenues, and for the current fiscal year, $5.35 EPS on $966.85 million in revenues [7] - The Zacks Industry Rank places the Computer - Software sector in the top 38% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8]
SS&C Technologies (SSNC) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-24 22:26
Company Performance - SS&C Technologies reported quarterly earnings of $1.44 per share, exceeding the Zacks Consensus Estimate of $1.41 per share, and up from $1.28 per share a year ago, representing an earnings surprise of 2.13% [1] - The company posted revenues of $1.51 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.56%, and an increase from $1.44 billion year-over-year [2] - Over the last four quarters, SS&C Technologies has consistently surpassed consensus EPS and revenue estimates [2] Stock Movement and Outlook - SS&C Technologies shares have increased approximately 0.8% since the beginning of the year, contrasting with the S&P 500's decline of -8.6% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $1.42 on revenues of $1.53 billion, and for the current fiscal year, it is $5.86 on revenues of $6.2 billion [7] - The estimate revisions trend for SS&C Technologies is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Computer - Software industry, to which SS&C Technologies belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]