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

Pegasystems

26/10/2022 22:45

* Pegasystems Inc  PEGA.OQ  reported a quarterly adjusted
loss
of 34 cents​​ per share for the quarter ended in September. The
mean expectation of twelve analysts for the quarter was for a
loss of 29 cents per share.
    * Revenue rose 5.6% to $270.73 million from a year ago;
analysts
expected $283.27 million. 
    * Pegasystems Inc's reported EPS for the quarter was a loss
of
$1.14​.
    * The mean earnings estimate of analysts had fallen by
about 94.5%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Pegasystems Inc shares had risen by 3.7% this quarter and
lost 70.2% so far this year.
    * The company reported a quarterly loss of $93.52 million.
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $40.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 09:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.29          -0.34          Missed
 Jun. 30 2022      0.08           -0.38          Missed
 Mar. 31 2022      0.26           0.59           Beat
 Dec. 31 2021      0.12           0.04           Missed