EPAM Sees FY24 Revenue $4.59B-$4.625B Vs $4.62B Estimate; Sees Adj. EPS $10.20-$10.40 Vs $10.09 Estimate
Portfolio Pulse from Benzinga Newsdesk
EPAM Systems has provided its financial outlook for fiscal year 2024, projecting revenues between $4.59 billion and $4.625 billion, slightly below the $4.62 billion estimate. The company also expects adjusted EPS to be in the range of $10.20 to $10.40, surpassing the $10.09 estimate.
August 08, 2024 | 10:03 am
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EPAM Systems has provided its financial outlook for fiscal year 2024, projecting revenues between $4.59 billion and $4.625 billion, slightly below the $4.62 billion estimate. The company also expects adjusted EPS to be in the range of $10.20 to $10.40, surpassing the $10.09 estimate.
While the revenue projection is slightly below the estimate, the adjusted EPS forecast surpasses expectations, which is likely to have a positive impact on the stock price in the short term.
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