PLUS Earnings Prediction
The chart below shows how PLUS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PLUS sees a -1.34% change in stock price 10 days leading up to the earnings, and a +2.47% change 10 days following the report. On the earnings day itself, the stock moves by -0.11%. This data can give you a slight idea of what to expect for the next quarter's release.
PLUS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
554.46M
12.65%
8.92%
Gross Margin
22.57%
-13.89%
-10.54%
Operating Margin
5.36%
-39.64%
-30.12%
Net Margin
3.96%
-40.72%
-26.12%
EPS
0.82
-33.87%
-19.61%
No Data Available
PLUS Earnings Analysis
ePlus inc Corporation (PLUS.O) Earnings Conference Call
Positive
Subscription Order Surge: Subscription orders increased by 51.4% year over year, now accounting for almost 46% of open orders compared to 31.7% last year.
Gross Billings Growth: Gross billings grew by 6.6% year over year, indicating continued demand for ePlus offerings despite flat net sales.
Service Revenue Surge: Service revenue surged by 52% year over year, reaching a new high of $114 million, with services gross profit up 45%.
Finance Segment Revenue Increase: The finance segment reported a revenue increase of 20%, driven by higher proceeds from equipment sales and portfolio earnings.
Gross Profit Increase: Consolidated gross profit rose by 5.3% year over year, with gross margin expanding to 27.6%, up from 26.3% in the prior year.
Negative
EBITDA Decline Analysis: Adjusted EBITDA decreased 15% year over year, reflecting a decline in the Technology business adjusted EBITDA despite higher earnings in the finance segment.
Earnings Decline Analysis: Consolidated net earnings fell to $24.1 million or $0.91 per share, down from $27.3 million or $1.02 per share in the prior year quarter, indicating a significant drop in profitability.
Operating Income Decline: Operating income decreased to $28.5 million from $38 million in the prior year, highlighting a decline in operational efficiency and profitability.
Net Sales Decline: Consolidated net sales for the nine months ended 12/31/2024 totaled $1.57 billion, down from $1.67 billion in the prior year, primarily due to lower product sales in the Technology business.
Professional Services Margin Decline: Professional services gross margin declined to 40.1% from 43.3%, indicating a decrease in profitability within that segment.
PLUS FAQs
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PLUS Earning Call Sentiment
Earnings call transcript: ePlus misses forecasts, stock drops in Q4 2024
PLUS.O
2.41%Positive
The earnings call presents a mixed picture: strong service growth and AI initiatives are positives, but declining product sales, increased operating expenses, and unclear guidance are concerns. The Q&A highlights ongoing demand challenges and management's lack of clarity. Despite a share repurchase program, the small market cap suggests potential volatility. Overall, the stock may see minor fluctuations, but no strong directional movement is expected in the near term.
