EPLUS INC (NASDAQ:PLUS), a leading provider of IT solutions, has delivered a robust third-quarter earnings report for its fiscal year 2026, significantly surpassing analyst expectations and prompting a positive market reaction. The company's performance was characterized by double-digit growth across key financial metrics, leading management to raise its full-year guidance.
Earnings and Revenue: A Significant Beat
The core of the quarterly report reveals a substantial outperformance against Wall Street forecasts. The company's results for the quarter, which corresponds to Q4 of the calendar year 2025, handily exceeded consensus estimates on both the top and bottom lines.
- Revenue: Reported net sales reached $614.8 million, a 20.3% increase year-over-year. This figure comfortably beat the analyst estimate of approximately $562.8 million.
- Earnings Per Share (Non-GAAP): The company reported non-GAAP EPS of $1.45, which represents a striking 43.6% beat over the consensus estimate of $1.03.
This dual beat underscores strong execution and demand for ePlus's portfolio of technology solutions, which spans artificial intelligence, security, cloud, and managed services.
Market Reaction and Recent Performance
The market's immediate response to the earnings release has been decisively positive. Following the announcement, the stock experienced significant after-hours trading gains, reflecting investor approval of the strong quarterly results and raised outlook.
- Post-Earnings Surge: The stock saw an after-market increase of over 9%, a clear indicator of bullish sentiment following the earnings beat.
- Recent Trading Context: Prior to the earnings announcement, the stock had been trading in a relatively narrow range over the past month, with modest weekly and bi-weekly movements. The post-earnings jump represents a sharp breakout from this period of consolidation, driven directly by the financial results.
Raised Guidance and Capital Return
Beyond the historical results, management provided an optimistic view of the future, which appears to align with or potentially exceed current analyst projections.
- Fiscal 2026 Outlook: The company raised its guidance for the full fiscal year 2026. While specific numerical targets were not detailed in the provided context, this upward revision signals confidence in sustained momentum. For reference, current analyst consensus estimates for the full fiscal year 2026 stand at sales of approximately $2.37 billion and revenue of $4.90.
- Dividend Announcement: Reinforcing its commitment to shareholder returns, ePlus announced a quarterly cash dividend of $0.25 per share on its common stock.
Press Release Summary
The key takeaways from the company's official financial results press release are clear:
- Delivery of double-digit year-over-year growth in net sales, gross profit, and earnings per share.
- A significant earnings and revenue beat against analyst estimates for the quarter.
- An upward revision of the company's financial guidance for fiscal year 2026.
- The declaration of a regular quarterly dividend.
Looking Ahead
The raised guidance sets a positive tone for the remainder of the fiscal year. Investors will now look to the fourth quarter to see if the company can maintain this elevated level of performance. The current analyst consensus for Q4 of fiscal 2026 estimates sales of approximately $531.7 million and revenue of $1.03.
For a detailed breakdown of historical earnings, future estimates, and analyst ratings, you can review the data here.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
