Benzinga | Oct 26, 2021 10:14AM EDT

Pegasystems's Earnings Outlook

Pegasystems (NASDAQ:PEGA) is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.

Analysts estimate that Pegasystems will likely report an Earnings Per Share (EPS) of $-0.27

Pegasystems bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company missed on EPS by -227.78%, which was followed by a 6.97% drop in the share price the next day.

Here's a look at Pegasystems's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate -0.18 0.09 0.22 -0.07EPS Actual 0.23 0.26 0.18 -0.33Price Change % -6.97% -1.32% 0.97% -1.31%

Stock Performance

Shares of Pegasystems were trading at $128.07 as of October 25. Over the last 52-week period, shares are up 8.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here