EPAM Systems' third-quarter 2024 results benefit from strong top and bottom-line performances, driven by modest growth across its business segments.
Scotiabank analyst Divya Goyal maintains a Hold rating on software firm EPAM Systems, Inc EPAM with a price target of $245.
While the top- and bottom-line numbers for Epam (EPAM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
After reaching an important support level, Epam (EPAM) could be a good stock pick from a technical perspective. EPAM surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
EPAM Systems (EPAM) shares jumped close to 15% Thursday, delivering the top daily performance in the S&P 500 after the company reported earnings that topped estimates and raised its full-year outlook.
EPAM Systems, Inc. (NYSE:EPAM ) Q3 2024 Earnings Call November 7, 2024 8:00 AM ET Company Participants Mike Rowshandel - Head, Investor Relations Arkadiy Dobkin - Chief Executive Officer and President Jason Peterson - Chief Financial Officer Conference Call Participants Bryan Bergin - TD Cowen Bryan Keane - Deutsche Bank Ramsey El-Assal - Barclays Jonathan Lee - Guggenheim Securities Maggie Nolan - William Blair Surinder Thind - Jefferies David Grossman - Stifel Jason Kupferberg - Bank of America/Merrill Lynch Puneet Jain - JPMorgan Operator Thank you for standing by my name is Bella, and I will be your conference operator today. At this time, I would like to welcome everyone to the EPAM Third Quarter 2024 Earnings Conference Call.
Epam (EPAM) came out with quarterly earnings of $3.12 per share, beating the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $2.73 per share a year ago.
EPAM Systems lifted its annual revenue and profit forecasts on Thursday, betting on strong demand for its IT services towards the end of the year as enterprise spending picks up, sending shares of the software provider 11% higher before the bell.
Epam Systems expands its AI capabilities in the financial space with the acquisition of First Derivative.
NEW YORK, NY / ACCESSWIRE / September 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.
NEW YORK, NY / ACCESSWIRE / September 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.
NEW YORK, NY / ACCESSWIRE / September 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of EPAM Systems, Inc. ("EPAM") (NYSE:EPAM) concerning possible violations of federal securities laws. On May 8, 2024, Epam updated its guidance for the full year and 2Q that was below expectations.