Progress Software (NASDAQ:PRGS) is gearing up to announce its quarterly earnings on Monday, 2025-06-30. Here’s a quick overview of what investors should know before the release.
Analysts are estimating that Progress Software will report an earnings per share (EPS) of $1.30.
Anticipation surrounds Progress Software’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS beat by $0.25, leading to a 12.13% increase in the share price on the subsequent day.
Here’s a look at Progress Software’s past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 1.06 | 1.21 | 1.13 | 0.95 |
| EPS Actual | 1.31 | 1.33 | 1.26 | 1.09 |
| Price Change % | 12.0% | -10.0% | 12.0% | 13.0% |
Progress Software Share Price Analysis
Shares of Progress Software were trading at $63.75 as of June 26. Over the last 52-week period, shares are up 19.25%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts’ Perspectives on Progress Software
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Progress Software.
The consensus rating for Progress Software is …