EPAM Systems, Inc. Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next

EPAM Systems reported a 5.9% EPS beat, with revenues aligning with analyst predictions. Despite the positive earnings, the company's shares fell 7.7%, and the consensus price target dropped 8.2% as analysts did not adjust their revenue or EPS forecasts significantly. Analysts project slower revenue growth for EPAM Systems compared to its historical performance and the wider industry, leading to a broader spread in price target estimates.