Pegasystems Inc expected to post earnings of 43 cents a share - Earnings Preview

Pegasystems

22/04/2024 23:14

* Pegasystems Inc  PEGA.OQ   PEGA.O  is expected to show a
rise in
quarterly revenue when it reports  results on April 24 for the
period ending March 31 2024
    * The Cambridge Massachusetts-based  company is expected to
report
a 3.4% increase in revenue to $336.592 million from $325.47
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Pegasystems Inc is for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and no "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 $70.00​, above​ its last closing price of $57.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.40        0.37       0.23      Missed  -37.4
 ​​Dec.        0.06        0.11       0.82      Beat    657.4
 31 2022                                                
 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
 This summary was machine generated April 22 at 22:14 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)