EPAM Systems (EPAM) Tops Q4 EPS by 10c, Offers Guidance

EPAM Systems (NYSE: EPAM) reported Q4 EPS of $1.81, $0.10 better than the analyst estimate of $1.71. Revenue for the quarter came in at $723.5 million versus the consensus estimate of $704.61 million.

GUIDANCE:

EPAM Systems sees FY2021 EPS of $7.20-$7.41, versus the consensus of $7.53.

• The Company expects revenue growth for 2021 to be at least 23% on a GAAP basis.

EPAM Systems sees Q1 2021 EPS of $1.62-$1.70, versus the consensus of $1.70.

• Revenues will be in the range of $757 million to $765 million for the first quarter reflecting a year-over-year growth rate of approximately 17% at the mid-point of the range

For earnings history and earnings-related data on EPAM Systems (EPAM) click here.

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