Sign InePlus inc. Stock Earnings Reports
ePlus. Earnings Calls
| Release date | Feb 05, 2025 |
| EPS estimate | $1.22 |
| EPS actual | $1.06 |
| EPS Surprise | -13.11% |
| Revenue estimate | 523.85M |
| Revenue actual | 510.965M |
| Revenue Surprise | -2.46% |
| Release date | Nov 12, 2024 |
| EPS estimate | $1.39 |
| EPS actual | $1.36 |
| EPS Surprise | -2.16% |
| Revenue estimate | 576.5M |
| Revenue actual | 147.991M |
| Revenue Surprise | -74.33% |
| Release date | Aug 06, 2024 |
| EPS estimate | $1.17 |
| EPS actual | $1.13 |
| EPS Surprise | -3.42% |
| Revenue estimate | 555.23M |
| Revenue actual | 543.238M |
| Revenue Surprise | -2.16% |
| Release date | May 22, 2024 |
| EPS estimate | $1.17 |
| EPS actual | $0.93 |
| EPS Surprise | -20.51% |
| Revenue estimate | 537.83M |
| Revenue actual | 551.761M |
| Revenue Surprise | 2.59% |
Last 4 Quarters for ePlus.
Below you can see how PLUS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | May 22, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $79.26 |
| EPS estimate | $1.17 |
| EPS actual | $0.93 |
| EPS surprise | -20.51% |
| Date | Price |
|---|---|
| May 16, 2024 | $80.19 |
| May 17, 2024 | $80.16 |
| May 20, 2024 | $79.82 |
| May 21, 2024 | $79.55 |
| May 22, 2024 | $79.26 |
| May 23, 2024 | $79.23 |
| May 24, 2024 | $78.18 |
| May 28, 2024 | $74.50 |
| May 29, 2024 | $73.95 |
| 4 days before | -1.16% |
| 4 days after | -6.70% |
| On release day | -0.0379% |
| Change in period | -7.78% |
| Release date | Aug 06, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $79.91 |
| EPS estimate | $1.17 |
| EPS actual | $1.13 |
| EPS surprise | -3.42% |
| Date | Price |
|---|---|
| Jul 31, 2024 | $91.92 |
| Aug 01, 2024 | $87.30 |
| Aug 02, 2024 | $82.37 |
| Aug 05, 2024 | $79.32 |
| Aug 06, 2024 | $79.91 |
| Aug 07, 2024 | $84.79 |
| Aug 08, 2024 | $85.90 |
| Aug 09, 2024 | $86.52 |
| Aug 12, 2024 | $86.04 |
| 4 days before | -13.07% |
| 4 days after | 7.67% |
| On release day | 6.11% |
| Change in period | -6.40% |
| Release date | Nov 12, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $95.22 |
| EPS estimate | $1.39 |
| EPS actual | $1.36 |
| EPS surprise | -2.16% |
| Date | Price |
|---|---|
| Nov 06, 2024 | $98.00 |
| Nov 07, 2024 | $98.57 |
| Nov 08, 2024 | $98.50 |
| Nov 11, 2024 | $97.40 |
| Nov 12, 2024 | $95.22 |
| Nov 13, 2024 | $79.98 |
| Nov 14, 2024 | $80.47 |
| Nov 15, 2024 | $78.62 |
| Nov 18, 2024 | $79.51 |
| 4 days before | -2.84% |
| 4 days after | -16.50% |
| On release day | -16.01% |
| Change in period | -18.87% |
| Release date | Feb 05, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $80.93 |
| EPS estimate | $1.22 |
| EPS actual | $1.06 |
| EPS surprise | -13.11% |
| Date | Price |
|---|---|
| Jan 30, 2025 | $79.10 |
| Jan 31, 2025 | $79.90 |
| Feb 03, 2025 | $79.45 |
| Feb 04, 2025 | $80.21 |
| Feb 05, 2025 | $80.93 |
| Feb 06, 2025 | $70.29 |
| Feb 07, 2025 | $70.33 |
| Feb 10, 2025 | $70.64 |
| Feb 11, 2025 | $69.06 |
| 4 days before | 2.31% |
| 4 days after | -14.67% |
| On release day | -13.15% |
| Change in period | -12.69% |
ePlus. Earnings Call Transcript Summary of Q4 2024
Gross Billings
Increased by 13.8% in Q4 and reached $3.3 billion for the fiscal year.
Strong Cash Position
The company ended the year with over $250 million in cash, enabling flexibility for acquisitions and growth initiatives.
Segments Performance
- Technology Business:
- Net sales up by 12.6%, driven by strong demand for networking equipment and cloud products.
- Product sales increased by 12.2%, and services revenue was up by 14.8%.
- Services Business:
- Managed services saw a significant growth of 22% for both the quarter and year, contributing to improved margins in this segment.
- Financing Segment:
- Revenue in this segment increased by 15.5%, supported by higher transactional gains.
Margin and Profitability
- Gross Margin Decline:
Q4 gross margin was 23.5%, down from 26.9% in the previous year due to shifts in product mix and higher sales to enterprise customers.
- Operating Income:
Decreased from $42.4 million to $29 million partly due to increased operating expenses related to headcount growth and acquisition costs.
- Net Earnings:
Consolidated net earnings fell to $22 million or $0.82 per diluted share compared to $32.9 million or $1.23 per share in the previous year.
Strategic Focus
- Investment in Growth:
Added 146 employees year-over-year, focusing on customer-facing roles to support growth in AI, cloud, networking, and security.
- Land and Expand Strategy:
Continued focus on acquiring enterprise customers with plans to increase margins as relationships develop.
- AI Initiatives:
Strong interest in their AI Ignite program, aiming to guide customers in their AI journeys.
Guidance for Fiscal Year 2025
- Revenue Growth Expectation:
Projected growth in net sales of 3-6% year-over-year.
- Adjusted EBITDA Goal:
Targeting between $200 million to $215 million, despite lower margins expected in Q1 due to the mix of enterprise sales.
Capital Allocation
- Share Buyback Plan:
The Board approved a new share repurchase program for up to 1.25 million shares.
- Focus on Recurring Revenue:
Building a solid recurring revenue base through managed services.
Conclusion
Despite some challenges, ePlus remains optimistic about its strategic positioning and growth trajectory, particularly with ongoing investments and planned expansion in high-demand areas like AI and managed services. Investors should monitor guidance, cash flow, and the impact of strategic initiatives on future performance.
