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

Pegasystems

27/07/2022 22:03

* Pegasystems Inc  PEGA.OQ  reported quarterly adjusted
earnings
of 38 cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of 8 cents per share.
    * Revenue fell 15.8% to $274.34 million from a year ago;
analysts
expected $343.54 million. 
    * Pegasystems Inc's reported EPS for the quarter was $3.50​.
    * The mean earnings estimate of analysts had fallen by
about 66.7%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Pegasystems Inc shares had fallen by 3.1% this quarter and
lost 58.5% so far this year.
    * The company reported quarterly net income of $286.3
million.
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $77.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.08           0.38           Beat
 Mar. 31 2022      0.26           0.59           Beat
 Dec. 31 2021      0.12           0.04           Missed
 Sep. 30 2021      -0.27          -0.40          Missed