Core Viewpoint - Epam (EPAM) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1][6]. Group 1: Earnings Performance - Epam has a strong track record of surpassing earnings estimates, particularly in the last two quarters, with an average surprise of 4.72% [2]. - In the most recent quarter, Epam reported earnings of $2.27 per share against an expectation of $2.41, resulting in a surprise of 6.17%. In the previous quarter, the company reported $2.84 per share compared to an estimate of $2.75, yielding a surprise of 3.27% [3]. Group 2: Earnings Estimates and Predictions - Estimates for Epam have been trending upward, aided by its history of earnings surprises. The stock currently has a positive Zacks Earnings ESP of +0.14%, indicating a bullish sentiment among analysts regarding its earnings prospects [6][9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [7][9]. Group 3: Earnings ESP Metric - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate [8]. - A negative Earnings ESP can diminish predictive power but does not necessarily indicate an earnings miss [10].