Pegasystems (PEGA) To Report Q1 Earnings: What's In Store?
Zacks Investment Research | May 05, 2019 09:52PM ET
Pegasystems Inc. (NASDAQ:PEGA) is scheduled to report first-quarter 2019 results on May 7.
In the last reported quarter, the company delivered earnings of 36 cents per share, surpassing the Zacks Consensus Estimate by 20%. However, the figure declined 20% from the year-ago quarter.
Revenues of $256.4 million increased 0.7% on a year-over-year basis, outpacing the Zacks Consensus Estimate by 1.8%.
What to Expect in Q1
For the first quarter of fiscal 2019, the Zacks Consensus Estimate for revenues is currently pegged at $236.35 million, suggesting an improvement of 0.5% from the year-ago reported figure.
The consensus estimates for earnings is pegged at 11 cents, indicating a decline of 54.2% from the year-ago quarter. The bottom-line estimates have remained unchanged over the past 30 days.
Pegasystems Inc. Price and EPS Surprise
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