ePlus (PLUS) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• ePlus (NASDAQ:PLUS) is set to release its Q1 2026 earnings results on August 5th, with analysts expecting earnings of $1.11 per share and revenue of $516.70 million.
• In its last earnings report on May 22nd, ePlus reported $0.95 EPS, beating estimates by $0.08, but its revenue of $498.11 million fell short of expectations.
• Wall Street analysts have downgraded ePlus from a "buy" rating to a "hold" rating, anticipating a more cautious outlook for the software maker.

ePlus (NASDAQ:PLUS - Get Free Report) is projected to post its Q1 2026 quarterly earnings results before the market opens on Tuesday, August 5th. Analysts expect ePlus to post earnings of $1.11 per share and revenue of $516.70 million for the quarter.

ePlus (NASDAQ:PLUS - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The software maker reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. ePlus had a return on equity of 11.34% and a net margin of 5.22%. The company had revenue of $498.11 million during the quarter, compared to analysts' expectations of $523.85 million. On average, analysts expect ePlus to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

ePlus Trading Down 2.1%

PLUS traded down $1.47 during trading hours on Wednesday, reaching $67.12. 142,005 shares of the company's stock traded hands, compared to its average volume of 138,200. ePlus has a 52-week low of $53.83 and a 52-week high of $106.98. The firm has a market capitalization of $1.78 billion, a PE ratio of 16.57, a PEG ratio of 1.73 and a beta of 1.14. The firm has a 50-day moving average price of $70.26 and a 200 day moving average price of $67.99. The company has a quick ratio of 1.56, a current ratio of 1.71 and a debt-to-equity ratio of 0.01.

Analysts Set New Price Targets

Separately, Wall Street Zen cut ePlus from a "buy" rating to a "hold" rating in a report on Friday, June 27th.

Institutional Investors Weigh In On ePlus

Hedge funds have recently made changes to their positions in the stock. Millennium Management LLC raised its stake in ePlus by 103.1% in the first quarter. Millennium Management LLC now owns 226,399 shares of the software maker's stock valued at $13,817,000 after buying an additional 114,900 shares during the last quarter. Jane Street Group LLC raised its stake in ePlus by 1,986.6% in the first quarter. Jane Street Group LLC now owns 103,348 shares of the software maker's stock valued at $6,307,000 after buying an additional 98,395 shares during the last quarter. AQR Capital Management LLC raised its stake in ePlus by 20.4% in the first quarter. AQR Capital Management LLC now owns 45,612 shares of the software maker's stock valued at $2,784,000 after buying an additional 7,742 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in ePlus by 6.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,186 shares of the software maker's stock valued at $4,650,000 after buying an additional 4,526 shares during the last quarter. Finally, Amundi increased its holdings in shares of ePlus by 333.0% in the first quarter. Amundi now owns 5,361 shares of the software maker's stock valued at $313,000 after purchasing an additional 4,123 shares during the period. 93.80% of the stock is currently owned by hedge funds and other institutional investors.

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.