Epam (EPAM) got here out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.75 per share. This compares to earnings of $2.75 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of three.27%. 1 / 4 in the past, it was anticipated that this data expertise providers supplier would publish earnings of $2.70 per share when it truly produced earnings of $3.12, delivering a shock of 15.56%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.
Epam
The sustainability of the inventory’s rapid worth motion based mostly on the recently-released numbers and future earnings expectations will largely rely upon administration’s commentary on the earnings name.
Epam shares have added about 10.4% for the reason that starting of the 12 months versus the S&P 500’s achieve of 4.5%.
What’s Subsequent for Epam?
Whereas Epam has outperformed the market up to now this 12 months, the query that involves traders’ minds is: what’s subsequent for the inventory?
There aren’t any straightforward solutions to this key query, however one dependable measure that may assist traders tackle that is the corporate’s earnings outlook. Not solely does this embrace present consensus earnings expectations for the approaching quarter(s), but additionally how these expectations have modified currently.
Empirical analysis exhibits a robust correlation between near-term inventory actions and traits in earnings estimate revisions. Traders can monitor such revisions by themselves or depend on a tried-and-tested ranking software just like the Zacks Rank, which has a formidable monitor document of harnessing the facility of earnings estimate revisions.
Forward of this earnings release, the estimate revisions pattern for Epam: combined. Whereas the magnitude and route of estimate revisions might change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out according to the market within the close to future. You may see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Will probably be fascinating to see how estimates for the approaching quarters and present fiscal 12 months change within the days forward. The present consensus EPS estimate is $2.57 on $1.27 billion in revenues for the approaching quarter and $11.29 on $5.26 billion in revenues for the present fiscal 12 months.
Traders must be aware of the truth that the outlook for the trade can have a fabric influence on the efficiency of the inventory as properly. When it comes to the Zacks Trade Rank, Computer systems – IT Providers is at present within the high 29% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
One different inventory from the identical trade, Telos Company (TLS), is but to report outcomes for the quarter ended December 2024.
This firm is anticipated to publish quarterly lack of $0.09 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged during the last 30 days.
Telos Company’s revenues are anticipated to be $25.5 million, down 37.9% from the year-ago quarter.
Ought to You Put money into EPAM Programs, Inc. (EPAM)?
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Zacks Funding Analysis has been dedicated to offering traders with instruments and impartial analysis since 1978. For greater than 1 / 4 century, the Zacks Rank stock-rating system has greater than doubled the S&P 500 with a median achieve of +24.08% per 12 months. (These returns cowl a interval from January 1, 1988 by means of Might 6, 2024.)
EPAM Systems, Inc. (EPAM) : Free Stock Analysis Report
Telos Corporation (TLS) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
