Construction management software maker Procore (NYSE:PCOR) will be reporting earnings tomorrow afternoon. Here’s what investors should know.

Procore beat analysts’ revenue expectations by 3.3% last quarter, reporting revenues of $284.3 million, up 24.4% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ EBITDA estimates but decelerating customer growth. It added 152 customers to reach a total of 16,750.

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

This quarter, analysts are expecting Procore’s revenue to grow 16% year on year to $287.6 million, slowing from the 33% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.22 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. Procore has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 4.9% on average.

Looking at Procore’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 revenue growth of 18.8%, beating analysts’ expectations by 2.9%, and Agilysys reported revenues up 16.5%, topping estimates by 1.1%.

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

There has been positive sentiment among investors in the vertical software segment, with share prices up 3.6% on average over the last month. Procore’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $66.07 (compared to the current share price of $61.89).

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