• Pegasystems Inc PEGA.OQ reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of eleven analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 14 cents to 27 cents per share.

• Revenue rose 17.3% to $381.35 million from a year ago; analysts expected $345.24 million.

• Pegasystems Inc's reported EPS for the quarter was 24 cents​.

• The company reported quarterly net income of $43.36 million.

• Pegasystems Inc shares had fallen by 4.7% this quarter and gained 17.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Pegasystems Inc is $65.00, about 15.7% above its last closing price of $54.79

This summary was machine generated from LSEG data October 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)