Pegasystems (PEGA) Studies Q3 Loss, Tops Income Estimates

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Pegasystems (PEGA) Studies Q3 Loss, Tops Income Estimates

Pegasystems (PEGA) got here out with a quarterly lack of $0.23 per share versus the Zacks Consensus


Pegasystems (PEGA) got here out with a quarterly lack of $0.23 per share versus the Zacks Consensus Estimate of a lack of $0.06. This compares to earnings of $0.04 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -283.33%. 1 / 4 in the past, it was anticipated that this enterprise software program firm would publish a lack of $0.14 per share when it truly produced a lack of $0.30, delivering a shock of -114.29%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Pegasystems, which belongs to the Zacks Pc – Software program trade, posted revenues of $216.70 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 0.42%. This compares to year-ago revenues of $203.26 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.

The sustainability of the inventory’s quick value motion primarily based on the…



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