EPAM Systems beats Q4 estimates, guides Q1 revenue above consensus

Published 20/02/2025, 12:44
EPAM Systems beats Q4 estimates, guides Q1 revenue above consensus

Investing.com - EPAM Systems, Inc. (NYSE:EPAM) reported fourth-quarter earnings that surpassed analyst expectations, with revenue growth driven by acquisitions and a return to organic growth.

However, the company’s guidance for the first quarter and full year 2025 fell short of analyst estimates on earnings per share.

EPAM reported Q4 adjusted earnings per share of $2.84, beating the analyst estimate of $2.75 by $0.09. Revenue for the quarter came in at $1.25 billion, exceeding the consensus estimate of $1.21 billion and representing a 7.9% increase YoY.

On an organic constant currency basis, revenues grew 1.0% compared to the fourth quarter of 2023.

For the first quarter of 2025, EPAM expects revenue between $1.275 billion and $1.29 billion, above the consensus of $1.267 billion. However, the company’s Q1 EPS guidance of $2.22-$2.32 falls short of the $2.59 analyst estimate.

Looking ahead to full-year 2025, EPAM projects revenue growth of 10.0% to 14.0%, with organic constant currency growth of 1.0% to 5.0%. The company’s full-year EPS guidance of $10.45-$10.75 is below the analyst consensus of $11.32.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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