Core Insights - Epam reported quarterly earnings of $3.08 per share, exceeding the Zacks Consensus Estimate of $3.02 per share, but down from $3.12 per share a year ago, representing an earnings surprise of +1.99% [1] - The company achieved revenues of $1.39 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.44% and up from $1.17 billion year-over-year [2] - Epam has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Financial Performance - The earnings surprise for the previous quarter was +6.13%, with actual earnings of $2.77 per share compared to an expected $2.61 [1] - The current consensus EPS estimate for the upcoming quarter is $2.90, with projected revenues of $1.38 billion, and for the current fiscal year, the EPS estimate is $11.11 on revenues of $5.41 billion [7] Market Position - Epam shares have declined approximately 31.2% year-to-date, contrasting with the S&P 500's gain of 15.6% [3] - The Zacks Industry Rank places Computers - IT Services in the top 30% of over 250 Zacks industries, indicating a favorable industry outlook [8] Future Outlook - The sustainability of Epam's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The estimate revisions trend for Epam was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [6]