Construction management software provider Procore Technologies (NYSE: PCOR) will be announcing earnings results this Wednesday after market close. Here’s what investors should know.

Procore Technologies beat analysts’ revenue expectations by 3.9% last quarter, reporting revenues of $323.9 million, up 13.9% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ annual recurring revenue estimates. It added 195 customers to reach a total of 17,501.

Is Procore Technologies a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Procore Technologies’s revenue to grow 10.9% year on year to $328 million, slowing from the 19.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.32 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Procore Technologies has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 3.4% on average.

Looking at Procore Technologies’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 Design Systems delivered year-on-year revenue growth of 10.1%, beating analysts’ expectations by 0.9%, and Agilysys reported revenues up 16.1%, topping estimates by 3.1%. Cadence Design Systems traded down 3% following the results while Agilysys was up 22.7%.

Read our full analysis of Cadence Design Systems’s results here and Agilysys’s results here.

Investors in the vertical software segment have had fairly steady hands going into earnings, with share prices down 1.2% on average over the last month. Procore Technologies is up 1.4% during the same time and is heading into earnings with an average analyst price target of $82.50 (compared to the current share price of $74.20).

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