Progress Software FQ3 2025 Earnings Preview

• Progress Software is scheduled to announce its third-quarter earnings on September 29th, with analyst consensus estimating earnings per share (EPS) at $1.30 and revenue at $240.11 million.

• The company has a strong track record, having exceeded EPS expectations 100% of the time over the last two years, and surpassed revenue projections 88% of the time.

• Recent adjustments to EPS estimates include two upward and four downward revisions, while revenue forecasts have seen three upward and two downward revisions, indicating a fluctuating outlook among analysts.

Earnings Announcement Forecast for Progress Software

Progress Software (NASDAQ: PRGS) is set to release its third-quarter earnings report on Monday, September 29th, following the market's closure. Analysts have reached a consensus estimate for earnings per share (EPS) at $1.30, while the anticipated revenue stands at $240.11 million.

Over the past two years, Progress Software has consistently exceeded EPS expectations, achieving a perfect record of 100% in beating these estimates. Additionally, the company has surpassed revenue projections 88% of the time.

In recent months, EPS estimates have experienced two upwards adjustments juxtaposed with four downward revisions. Similarly, revenue forecasts saw three revisions upward and two downwards, reflecting a dynamic assessment by analysts.