Pegasystems Inc expected to post earnings of 37  cents a share - Earnings Preview

Pegasystems

25/04/2023 03:03

* Pegasystems Inc  PEGA.OQ   PEGA.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 26. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 6.9% decrease in revenue to $350.252 million from $376.31
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pegasystems Inc is
for
earnings of 37 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 15.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $50​, above​ its last closing price of $45.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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
                                                        ​
 Mar. 31 2022  0.24        0.26       0.59      Beat    130.8
 ​​Dec.        0.11        0.12       0.04      Missed  -65.5
 31 2021                                                
 Sep. 30 2021  -0.27       -0.27      -0.40     Missed  -46​
 Jun. 30 2021  -0.17       -0.18      0.23      Beat    229.8
 Mar. 31 2021  0.10        0.09       0.26      Beat    193
 This summary was machine generated April 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated