- EPAM Systems Inc (NYSE:EPAM) will replace Kansas City Southern (NYSE:KSU) in the S&P 500 effective before trading on December 14.
- EPAM provides software product development and digital platform engineering services to global clients.
- Last month, EPAM reported third-quarter FY21 revenue growth of 51.6% year-on-year to $988.5 million, beating consensus. Non-GAAP EPS of $2.42 beat the consensus of $2.22.
- EPAM sees Q4 revenue of $1.075 billion – $1.085 billion, above the consensus of $1.04 billion. It sees non-GAAP EPS of $2.44 – $2.51, above the consensus of $2.34.
- Canadian Pacific Railway Limited will acquire Kansas City Southern subject to pending approvals.
- Price Action: EPAM shares traded higher by 8.91% at $648 in the premarket session on the last check Wednesday.
NEM, Chiliz Among Top Crypto Movers In 24H
Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:
