How has PLUS's earnings trended over the past year?
4/3/2025 08:36pm
ePlus's earnings have shown a general upward trend over the past year, with some fluctuations. Here's a summary of the key points:
1. **Q4 2024 Earnings**: ePlus reported an EPS of $0.91 for Q4 2024, which missed the consensus estimate of $1.28 by $0.37. Despite this miss, the company's revenue for the quarter exceeded estimates, with a reported revenue of $588.65 million for Q4 2025.
2. **Q3 2025 Earnings**: In Q3 2025, ePlus announced earnings per share (EPS) of $0.91, which was below the consensus estimate of $1.28. This was a notable decrease from the previous quarter's EPS of $1.07.
3. **Revenue Trends**: ePlus experienced strong increases in gross billings in networking and cybersecurity, which contributed to a return to double-digit revenue growth in Q4 2024. For the fiscal year 2025, the company forecasted a revenue range of $2,070,000,000 to $2,110,000,000, indicating a positive outlook.
4. **Margin Pressures**: The company faced margin pressures, as evidenced by a decrease in adjusted EBITDA by 24.4% to $36.8 million for the quarter, and a relatively flat EBITDA of $190.4 million for the fiscal year.
In conclusion, while ePlus has faced challenges such as missing earnings estimates and margin pressures, the company's revenue has shown resilience and growth potential, particularly in its technology and services segments. The upcoming fiscal year 2026 may present opportunities for further revenue growth and improved profitability.