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Epam Systems Inc reports results for the quarter ended March 31 - Earnings Summary

Epam Systems Inc EPAM.N reported quarterly adjusted earnings of $2.41​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.46.  The mean expectation of eighteen analysts for the quarter was for earnings of $2.27 per share. Wall Street expected results to range from $2.18  to $2.32 per share.

Revenue rose 11.7% to $1.30 billion from a year ago; analysts expected $1.28 billion.

Epam Systems Inc's reported EPS for the quarter was $1.28​.

The company reported quarterly net income of $73.48 million.

Epam Systems Inc shares had fallen by 5.7% this quarter and lost 31.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 12.3% 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 12 "strong buy" or "buy," 8 "hold" and 1 "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 $210.00

This summary was machine generated from LSEG data May 8 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20252.272.41Beat
Dec. 31 20242.752.84Beat
Sep. 30 20242.703.12Beat
Jun. 30 20242.262.45Beat

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