ePlus (NASDAQ:PLUS) Posts Earnings Results, Misses Estimates By $0.37 EPS

ePlus (NASDAQ:PLUS) posted its earnings results on Wednesday. The software maker reported $0.91 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.37), Zacks reports. ePlus had a return on equity of 11.83% and a net margin of 5.08%. ePlus updated its FY 2025 guidance to EPS.

ePlus Price Performance

Shares of NASDAQ:PLUS opened at $70.29 on Friday. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 1.82 and a beta of 1.10. The business has a 50 day moving average price of $77.83 and a 200 day moving average price of $86.96. The company has a quick ratio of 1.71, a current ratio of 1.85 and a debt-to-equity ratio of 0.01. ePlus has a twelve month low of $56.33 and a twelve month high of $106.98.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of ePlus from a “buy” rating to a “hold” rating in a research note on Friday, November 15th.

ePlus Company Profile

ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates through two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; managed services or infrastructure and cloud; and enhanced maintenance support, service desk, storage-as-a-service, cloud hosted and managed, and managed security services; and professional, staff augmentation, cloud consulting, consulting, and security services.