Epam Systems, Inc. Reports Results For The Quarter Ended June 30: Earnings Summary
EPAM Systems, Inc. reports results for the quarter ended June 30 - Earnings Summary
EPAM Systems, Inc. EPAM.N reported quarterly adjusted earnings of $3.38 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.77. The mean expectation of eighteen analysts for the quarter was for earnings of $3.14 per share. Wall Street expected results to range from $3.10 to $3.17 per share.
Revenue rose 4.5% to $1.41 billion from a year ago; analysts expected $1.41 billion.
EPAM Systems, Inc.'s reported EPS for the quarter was $1.97.
The company reported quarterly net income of $102.98 million.
EPAM Systems, Inc. shares had risen by 38.5% this quarter and lost 46.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.6% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for EPAM Systems, Inc. is $128.00, about 14.2% above its last closing price of $109.87
This summary was machine generated from LSEG data August 6 at 01:32 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 |
Jun. 30 2026 | 3.14 | 3.38 | Beat |
Mar. 31 2026 | 2.75 | 2.86 | Beat |
Dec. 31 2025 | 3.16 | 3.26 | Beat |
Sep. 30 2025 | 3.03 | 3.08 | Beat |
Recent news on EPAM Systems
See all newsUS RESEARCH ROUNDUP-Essex Property Trust, Qualys, Vulcan Materials
IT consulting firms lead software shares higher after Accenture results
U.S. STOCKS ON THE MOVE-GitLab, California utilities, Herbalife
U.S. STOCKS ON THE MOVE-Kaiser Aluminum, EPAM Systems, software stocks
EPAM Systems rises as Engine Capital pushes for share buyback boost or sale