Is a Beat in the Cards for Pegasystems This Earnings Season?

Core Viewpoint - Pegasystems (PEGA) is expected to report its fourth-quarter 2024 results on February 13, with earnings anticipated to decline year-over-year while revenues show slight growth [1][2]. Financial Expectations - The consensus estimate for PEGA's fourth-quarter 2024 earnings is $1.52 per share, reflecting a year-over-year decline of 14.12% [2]. - The revenue estimate stands at $482.32 million, indicating a year-over-year growth of 1.71% [2]. - Pegasystems has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 50.23% [2]. Factors Influencing Performance - The demand for business process automation is rising, which is expected to benefit Pegasystems as organizations shift towards low-code automation platforms [4]. - The adoption of Pegasystems' GenAI Blueprint tool is anticipated to positively impact results in the upcoming quarter [4]. - Innovations in the product portfolio, including updates to the GenAI Blueprint and Pega Smart Investigate, are expected to enhance client attraction by addressing manual processes and regulatory requirements [6][7]. Earnings Prediction - The earnings prediction model suggests a potential earnings beat for PEGA, supported by a positive Earnings ESP of +4.99% and a Zacks Rank of 3 (Hold) [8][9].