Pegasystems Inc expected to post earnings of 1 cent a share - Earnings Preview

Pegasystems

24/10/2023 03:03

* Pegasystems Inc  PEGA.OQ   PEGA.O  is expected to show a
rise in
quarterly revenue when it reports  results 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 9.3% increase in revenue to $295.872 million from $270.73
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pegasystems Inc is
for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $53​, above​ its last closing price of $38.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.03        0.03       0.01      Missed  -68.2
 Mar. 31 2023  0.40        0.37       0.23      Missed  -37.4
 Dec. 31 2022  0.06        0.11       0.82      Beat    657.4​
 Sep. 30 2022  -0.30       -0.29      -0.34     Missed  -16.1
 ​​Jun.        0.09        0.08       -0.38     Missed  -553.8
 30 2022                                                
 Mar. 31 2022  0.24        0.26       0.59      Beat    130.8​
 Dec. 31 2021  0.11        0.12       0.04      Missed  -65.5
 Sep. 30 2021  -0.27       -0.27      -0.40     Missed  -46
 This summary was machine generated October 24 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated