For the quarter ended March 2024, Epam (EPAM) reported income of $1.17 billion, down 3.8% over the identical interval final 12 months. EPS got here in at $3.06, in comparison with $2.47 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $1.16 billion, representing a shock of +0.30%. The corporate delivered an EPS shock of +31.90%, with the consensus EPS estimate being $2.32.
Whereas buyers carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Epam carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Revenues by Buyer Location- Americas: $692.92 million in comparison with the $688.07 million common estimate primarily based on two analysts.
- Revenues by Buyer Location- APAC: $23.30 million versus the two-analyst common estimate of $24.26 million.
- Revenues by Buyer Location- EMEA: $449.25 million versus $440.61 million estimated by two analysts on common.
- Revenues by Contract Sort- Time-and-material: $981.53 million versus $1 billion estimated by two analysts on common.
- Revenues by Contract Sort- Fastened-price: $176.32 million in comparison with the $147.34 million common estimate primarily based on two analysts.
- Revenues by Contract Sort- Licensing: $7.62 million versus the two-analyst common estimate of $9.39 million.
- Revenues by Business Verticals- Journey & Shopper: $259.13 million versus $262.45 million estimated by two analysts on common.
- Revenues by Business Verticals- Rising Verticals: $179.64 million versus $171.83 million estimated by two analysts on common.
- Revenues by Business Verticals- Enterprise Info & Media: $170.32 million versus the two-analyst common estimate of $184.51 million.
- Revenues by Business Verticals- Software program & Hello-Tech: $173.43 million versus the two-analyst common estimate of $176.35 million.
- Revenues by Business Verticals- Life Sciences & Healthcare: $140.21 million versus the two-analyst common estimate of $117.09 million.
- Revenues by Business Verticals- Monetary Providers: $242.74 million versus $249.34 million estimated by two analysts on common.
View all Key Company Metrics for Epam here>>>
Shares of Epam have returned -6.6% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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