EPAM Systems Expects Q4 Revenue $1.130B-$1.140B Vs $1.15B Est, Adj EPS $2.47-$2.55 Vs $2.37 Est; FY23 Revenue Revised To $4.663B-$4.673B From $4.65B-$4.70B Vs $4.67B Est, Adj EPS To $10.31-$10.39 (From $9.90-$10.10) Vs $10.03 Est
Portfolio Pulse from Benzinga Newsdesk
EPAM Systems has revised its Q4 revenue forecast to $1.130B-$1.140B, higher than the estimated $1.15B, and adjusted EPS to $2.47-$2.55, also higher than the estimated $2.37. The company also revised its FY23 revenue to $4.663B-$4.673B from $4.65B-$4.70B, and adjusted EPS to $10.31-$10.39 from $9.90-$10.10.
November 02, 2023 | 10:18 am
News sentiment analysis
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POSITIVE IMPACT
EPAM Systems has revised its Q4 and FY23 forecasts upwards. This could potentially lead to a positive market reaction.
EPAM Systems has revised its Q4 and FY23 forecasts upwards, which is a positive signal to the market. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100