EPAM Systems lowers FY 2024 earnings guidance to 10.000-10.300 EPS and revenue to $4.6-4.7bn.
Technology services provider EPAM Systems lowered its FY 2024 earnings guidance to 10.000-10.300 EPS, compared to the consensus estimate of 10.180. The company also revised its revenue guidance to $4.6bn-$4.7bn. Despite the downward revisions in earnings and revenue guidance, a majority of Wall Street analysts maintain a "Moderate Buy" rating on EPAM Systems, with a consensus price target of $315.60.
May 09, 2024
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