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

Pegasystems

25/10/2023 22:57

* Pegasystems Inc  PEGA.OQ  reported quarterly adjusted
earnings
of 44 cents​​ per share for the quarter ended in September. The
mean expectation of fourteen analysts for the quarter was
for earnings of one cent per share.
    * Revenue rose 23.6% to $334.64 million from a year ago;
analysts
expected $295.87 million. 
    * Pegasystems Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 94.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Pegasystems Inc shares had fallen by 10.1% this
quarter and
gained 14.0% so far this year.
    * The company reported a quarterly loss of $7.28 million.
    * Wall Street's median 12-month price target for Pegasystems
Inc
is $53.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 09:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.01           0.44           Beat
 Jun. 30 2023      0.03           0.01           Missed
 Mar. 31 2023      0.37           0.23           Missed
 Dec. 31 2022      0.11           0.82           Beat