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• ePlus inc PLUS.OQ reported quarterly adjusted earnings of $1.13​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $1.41. The mean expectation of three analysts for the quarter was for earnings of $1.17 per share. Wall Street expected results to range from $1.09 to $1.25 per share.

• Revenue fell 5.2% to $544.54 million from a year ago; analysts expected $555.23 million.

• ePlus inc's reported EPS for the quarter was $1.02​.

• The company reported quarterly income of $27.34 million.

• ePlus inc shares had risen by 7.7% this quarter and lost 0.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.7% in the last three months.​

• In the last 30 days, there have been revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for ePlus inc is $96.00

This summary was machine generated from LSEG data August 6 at 10:53 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)