Ahead of Pegasystems (PEGA) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Analysts on Wall Street project that Pegasystems (PEGA) will announce quarterly earnings of $0.24 per share in its forthcoming report, representing a decline of 7.7% year over year. Revenues are projected to reach $368.77 million, increasing 5% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.With that in mind, let's delve into the average projections of some Pegasystems metrics that are commonly tracked and projected by analysts on Wall Street.The collective assessment of analysts points to an estimated 'Revenue- Subscription services' of $251.35 million. The estimate indicates a change of +17.2% from the prior-year quarter.Analysts predict that the 'Revenue- Subscription license' will reach $53.75 million. The estimate indicates a year-over-year change of -36.5%.The consensus among analysts is that 'Revenue- Subscription' will reach $305.08 million. The estimate suggests a change of +2% year over year.It is projected by analysts that the 'Revenue- Consulting' will reach $54.62 million. The estimate suggests a change of +5% year over year. View all Key Company Metrics for Pegasystems here>>> Over the past month, shares of Pegasystems have returned +5.3% versus the Zacks S&P 500 composite's +5.4% change. Currently, PEGA carries a Zacks Rank #1 (Strong Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .One Big Gain, Every Trading DayTo help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pegasystems Inc. (PEGA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks