What to Expect from EPAM Systems’ Next Quarterly Earnings Report

Newtown, Pennsylvania-based EPAM Systems, Inc. (EPAM) is a leading global provider of digital engineering, cloud and AI-enabled transformation services. It also provides business and experience consulting to numerous global enterprises and ambitious startups. With a market cap of $13.5 billion, EPAM’s operations span the Americas, Indo-Pacific, and the EMEA region. It is set to unveil its fourth-quarter results before the market opens on Thursday, Feb. 20.

Ahead of the event, analysts expect EPAM to report a non-GAAP profit of $2.17 per share, down nearly 4% from $2.26 per share reported in the year-ago quarter. However, the company has surpassed Wall Street’s earnings projections in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 26% year-over-year to $2.81, exceeding the consensus estimates by 34.5%.