ePlus inc reports results for the quarter ended December 31 - Earnings Summary

ePlus

05/02/2025 22:57

* ePlus inc  PLUS.OQ  reported quarterly adjusted earnings
of
$1.06​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$1.18.  The mean expectation of two analysts for the quarter was
for earnings of $1.22 per share. Wall Street expected results to
range from $1.12  to $1.31 per share.
    * Revenue rose 0.4% to $510.97 million from a year ago;
analysts
expected $553.55 million. 
    * ePlus inc's reported EPS for the quarter was 91 cents​.
    * The company reported quarterly net income of $24.13
million.
    * ePlus inc shares had risen by 8.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 17%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "strong buy"

Wall Street's median 12-month price target for ePlus inc is
$88.00 
This summary was machine generated from LSEG data February 5 at
10:56 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.22           1.06           Missed
 Sep. 30 2024      1.39           1.36           Missed
 Jun. 30 2024      1.17           1.13           Missed
 Mar. 31 2024      1.17           0.93           Missed