Pegasystems Inc reports results for the quarter ended in December - Earnings Summary

Pegasystems

15/02/2023 22:40

* Pegasystems Inc  PEGA.OQ  reported quarterly adjusted
earnings
of 82 cents​​ per share for the quarter ended in December. The
mean expectation of twelve analysts for the quarter was
for earnings of 11 cents per share.
    * Revenue rose 25.4% to $396.47 million from a year ago;
analysts
expected $333.73 million. 
    * Pegasystems Inc's reported EPS for the quarter was 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 39.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Pegasystems Inc shares had risen by 15.7% this quarter.
    * The company reported quarterly net income of $34.61
million.
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $36.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.11           0.82           Beat
 Sep. 30 2022      -0.29          -0.34          Missed
 Jun. 30 2022      0.08           -0.38          Missed
 Mar. 31 2022      0.26           0.59           Beat