Pegasystems (PEGA) Beats Q4 Earnings and Revenue Estimates

Financial Performance - Pegasystems reported quarterly earnings of $1.61 per share, exceeding the Zacks Consensus Estimate of $1.52 per share, but down from $1.77 per share a year ago, representing an earnings surprise of 5.92% [1] - The company posted revenues of $490.83 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.76%, compared to $474.23 million in the same quarter last year [2] Market Performance - Pegasystems shares have increased approximately 10.9% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.46 on revenues of $356.71 million, and for the current fiscal year, it is $3.15 on revenues of $1.59 billion [7] Industry Outlook - The Computer - Software industry, to which Pegasystems belongs, is currently ranked in the bottom 47% of over 250 Zacks industries, indicating potential challenges ahead [8] - Blackbaud, another company in the same industry, is expected to report quarterly earnings of $1.08 per share, reflecting a year-over-year decline of 5.3%, with revenues projected at $304.87 million, up 3.3% from the previous year [9][10]