Post-earnings recap
Reported
Wed, Jul 29, 2026
EPS actual
$0.47
EPS est.
$0.02
EPS surprise
+2664.71%
1-day move
+2.70%
Procore Technologies reported better-than-expected earnings per share, which contributed to a 2.7% increase in the stock price. However, revenue figures were not disclosed, leaving some uncertainty about overall performance. Investors may be encouraged by the strong EPS surprise, indicating better profitability than anticipated.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.47 | $0.45 | +2664.71% |
| Revenue | — | $384M | — |
No transcript is on record, and the analysis is based solely on numerical results.
Procore Technologies, Inc. (PCOR) provides software solutions for the construction industry, helping companies manage projects more efficiently. As part of the Information Technology sector, Procore is positioned to benefit from trends in digital transformation and increased investment in construction technology.
Last quarter
In Q1-2026, Procore reported an EPS of $0.34, significantly exceeding expectations. However, the stock fell 11.93% the following day, indicating investor caution despite strong earnings.
Management promises and guidance
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+1426.35%
Avg 1-day reaction
-1.87%
Analysts expect Procore to report solid earnings this quarter, with a consensus EPS of $0.45. The market is watching closely for any signs of growth in revenue and user adoption.
Bull case
If Procore exceeds EPS and revenue expectations, it could signal strong demand for its products, leading to increased investor confidence and a potential stock rally.
Bear case
Conversely, if Procore misses estimates, it may raise concerns about its growth trajectory and competitive position, potentially leading to a sharp decline in the stock price.
Key metrics to watch
EPS
$0.45Earnings per share is a key indicator of profitability and will show how well Procore is managing costs and generating income.
Revenue
$384MRevenue growth is crucial for assessing demand for Procore's software solutions and overall business health.
The print will turn on these.
Q1
Will Procore's EPS exceed the consensus estimate of $0.45?
A beat on EPS could indicate strong operational efficiency and profitability, which would likely boost investor confidence.
Q2
What is the revenue growth rate compared to the expected $384M?
Revenue growth is critical for assessing the company's market position and future prospects, and any shortfall could raise red flags.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±3.5%
Why consensus could be wrong
The Street may be underestimating Procore's ability to capitalize on increased construction spending, which could lead to stronger-than-expected revenue growth this quarter.
Supporting evidence
Procore's recent product enhancements may drive higher customer retention and new user acquisition.
The construction sector is experiencing a rebound, which could boost demand for Procore's software solutions.
Options pricing suggests a higher expected move than historical averages, indicating potential for a surprise.
Key risk
If revenue growth significantly exceeds $384M, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
This quarter's performance is crucial as it will provide insights into Procore's growth amidst a competitive landscape in construction technology.
Bull confirmed if
An EPS of $0.50 or higher with revenue exceeding $390M would confirm the bull case.
Bear confirmed if
An EPS below $0.40 or revenue falling short of $380M would confirm the bear case.
What the market is pricing for the move.
Implied Move
±12.93%
Historical Avg
±3.1%
The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.
Options are pricing ±12.9% while PCOR has averaged ±3.1% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
59.0%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Information Technology
Fade rate: 4 of 9 (44%)
This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias).
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$830,914.74
15,384 sh
1 insider
Net
$830,914.74
Net selling
Most Active Insiders· 5 open-market trades
Smart-money positioning from the most recent 13F filings.
Institutional
97.23%
of float
Insider
9.26%
of float
Holders
545
institutions
Top Holders· as of Jun 2026
ICONIQ Capital, LLC
14,622,019 sh · $801.3M
9.62%
0.0%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Procore beats expectations, history suggests the stock could see an average one-day move of +2.88%, confirming positive market sentiment.
In line / cautious
If results come in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth prospects.
Miss
A miss could lead to a decline, with historical data indicating an average one-day move of -2.88% when expectations are not met.
The lines on the call that would change the story.
$830,914.74
Net selling
Recent Transactions
Oct 6, 2026 · @ $54.36
5,769 sh
$313,602.84
Oct 5, 2026 · @ $52.83
4,478 sh
$236,572.74
Oct 5, 2026 · @ $55.08
1,923 sh
$105,918.84
Oct 6, 2026 · @ $55.02
1,923 sh
$105,803.46
Oct 5, 2026 · @ $53.46
1,291 sh
$69,016.86
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
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13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.