Pegasystems Inc expected to post earnings of 25 cents a share - Earnings Preview

Pegasystems

22/07/2024 21:22

* Pegasystems Inc  PEGA.OQ   PEGA.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Cambridge Massachusetts-based  company is expected to
report
a 7.9% increase in revenue to $321.938 million from $298.27
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Pegasystems Inc is for
earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $72.50​, above​ its last closing price of $59.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.41        0.43       0.48      Beat    12.7
 Dec. 31 2024  0.99        1.00       1.77      Beat    77.2
 Sep. 30 2023  -0.01       0.01       0.44      Beat    8,700​
 Jun. 30 2023  0.03        0.03       0.01      Missed  -68.2
 ​​Mar.        0.40        0.37       0.23      Missed  -37.4
 31 2023                                                
 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. 30 2022  0.09        0.08       -0.38     Missed  -553.8
 This summary was machine generated July 22 at 20:22 GMT.  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)