Pegasystems (NASDAQ:PEGA) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Pegasystems missed estimated earnings by 66.67%, reporting an EPS of $0.04 versus an estimate of $0.12.
Revenue was up $17.58 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.13, which was followed by a 4.94% drop in the share price the next day.
Here's a look at Pegasystems's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.27 | -0.18 | 0.09 | 0.22 |
| EPS Actual | -0.40 | 0.23 | 0.26 | 0.18 |
| Revenue Estimate | 274.31M | 273.14M | 306.64M | 313.03M |
| Revenue Actual | 256.27M | 325.70M | 313.50M | 298.60M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Pegasystems management provided guidance for their next quarter, expecting earnings between $0.75 and $1.0 per share for the next quarter.
This represents a 2087.5% in quarter-over-quarter growth for Pegasystems, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
