EPAM Sys Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
EPAM Systems (NYSE:EPAM) reported Q1 earnings of $102.29 million, a 34.02% increase from Q4, while sales dropped 1.62% to $1.21 billion. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation. Q1 earnings per share were $2.47, beating analyst predictions of $2.34.
May 19, 2023 | 2:53 pm
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POSITIVE IMPACT
EPAM Systems reported a 34.02% increase in Q1 earnings and a 0.03% ROCE, indicating effective capital allocation. The company's earnings per share beat analyst predictions.
EPAM Systems reported a significant increase in Q1 earnings and a positive ROCE, suggesting effective capital allocation. This is a positive indicator for the company's future performance and stock price. Additionally, the company's earnings per share beat analyst predictions, which could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100