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Stock impact report

Unity Earnings: What To Look For From U [Yahoo! Finance]

Procore Technologies, Inc. (PCOR) 
Company Research Source: Yahoo! Finance
Unity beat analysts' revenue expectations by 1.7% last quarter, reporting revenues of $449.3 million, down 15.8% year on year. It was a decent quarter for the company, with an impressive beat of analysts' EBITDA estimates. Is Unity a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Unity's revenue to decline 21.3% year on year to $428.2 million, a reversal from the 68.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.14 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Unity has missed Wall Street's revenue estimates twice over the last two years. Looking at Unity's peers in the vertical software segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Cadence delivered year-on-year Show less Read more
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