For the quarter ended June 2024, Epam (EPAM Quick QuoteEPAM - Free Report) reported revenue of $1.15 billion, down 2% over the same period last year. EPS came in at $2.45, compared to $2.64 in the year-ago quarter.

The reported revenue represents a surprise of +0.62% over the Zacks Consensus Estimate of $1.14 billion. With the consensus EPS estimate being $2.26, the EPS surprise was +8.41%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Epam performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues by Customer Location- Americas

  : $691.20 million compared to the $675.78 million average estimate based on two analysts.

• Revenues by Customer Location- APAC

  : $24.08 million compared to the $25.01 million average estimate based on two analysts.

• Revenues by Customer Location- EMEA

  : $431.32 million versus $432.34 million estimated by two analysts on average.

• Revenues by Industry Verticals- Financial Services

  : $244.37 million compared to the $240.25 million average estimate based on two analysts.

• Revenues by Industry Verticals- Software & Hi-Tech

  : $168.82 million versus the two-analyst average estimate of $172.82 million.

• Revenues by Industry Verticals- Life Sciences & Healthcare

  : $140.08 million versus $133.59 million estimated by two analysts on average.

• Revenues by Industry Verticals- Emerging Verticals

  : $175.23 million versus the two-analyst average estimate of $172.21 million.

• Revenues by Industry Verticals- Consumer Goods, Retail & Travelr

  : $252.33 million versus $254.71 million estimated by two analysts on average.

• Revenues by Contract Type- Time-and-material

  : $943.62 million compared to the $978.66 million average estimate based on two analysts.

• Revenues by Contract Type- Fixed-price

  : $195.65 million compared to the $150.66 million average estimate based on two analysts.

• Revenues by Contract Type- Licensing

  : $7.33 million compared to the $9.49 million average estimate based on two analysts.

• Revenues by Industry Verticals- Business Information & Media

  : $165.76 million versus $165.24 million estimated by two analysts on average.

View all Key Company Metrics for Epam here>>>

Shares of Epam have returned +1.1% over the past month versus the Zacks S&P 500 composite's -4.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.