- Epam Systems‘ adjusted EPS for Q2 is $2.45. Last year, it was $2.64. The estimate was $2.26.
- Revenue for Q2 is $1.15 billion, a 2% decline year-over-year. The estimate was $1.14 billion.
- For the third quarter, Epam Systems forecasts:
- Adjusted EPS between $2.65 and $2.73. The estimate is $2.70.
- Revenue between $1.15 billion and $1.16 billion. The estimate is $1.16 billion.
- Full-year revenue forecast is now narrowed to a range of $4.590 billion to $4.625 billion.
- Expected GAAP diluted EPS for the full year is now in the range of $7.18 to $7.38.
- Expected non-GAAP diluted EPS for the full year is now in the range of $10.20 to $10.40.
- Expected GAAP income from operations for the full year is now between 10.5% and 11.0% of revenues.
- Expected non-GAAP income from operations for the full year is now between 15.5% and 16.0% of revenues.
- For Q3, expected GAAP diluted EPS is between $1.75 and $1.83, and non-GAAP diluted EPS is between $2.65 and $2.73.
- Price target and ratings from analysts:
- 12 buys
- 10 holds
- 2 sells
Epam Systems on Smartkarma
Epam Systems, a prominent global provider of digital platform engineering and software development services, has received analyst coverage on Smartkarma from Baptista Research. One report titled “EPAM Systems: Global Operations Refinement and Rebalancing Delivery Platform! – Major Drivers” discussed the company’s Q1 2024 earnings, revealing a decrease in revenue by 3.8% on a reported basis or 4.3% in constant currency terms. The impact was attributed to foreign exchange fluctuations and the aftermath of EPAM’s Q2 2023 promotional campaign.
Another report by Baptista Research, “EPAM Systems: Will The Strong Demand Generation From 2023 Continue In 2024 & Beyond? – Major Drivers,” highlighted how geopolitical events like the Russian invasion of Ukraine in 2023 posed challenges for EPAM. Despite these disruptions, the company showcased resilience by focusing on delivery quality, cost optimization, and technological advancements. Baptista Research also delved into factors influencing the company’s future stock price and conducted an independent valuation through a Discounted Cash Flow (DCF) approach.
A look at Epam Systems Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
EPAM Systems, Inc. has been rated using Smartkarma Smart Scores, which provide an overview of the company’s long-term outlook. With a strong score of 4 for Growth and 5 for Resilience, EPAM is positioned for promising long-term growth and is well-equipped to withstand market challenges. These scores indicate that the company is likely to experience significant expansion and has a solid foundation to navigate through any uncertainties that may arise.
While EPAM Systems exhibits favorable Growth and Resilience scores, its Value and Momentum scores stand at 3, indicating a neutral stance in those areas. With a lower score of 1 for Dividend, investors may not expect significant returns in the form of dividends from the company. Overall, based on the Smartkarma Smart Scores, EPAM Systems shows promising growth potential and resilience, positioning it as a company to watch for long-term investment opportunities.
Summary: EPAM Systems, Inc. provides software development, outsourcing services, e-business, enterprise relationship management, and content management solutions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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