EPAM Systems Inc. will replace Kansas City Southern 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 percent 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. By Anusuya Lahiri © 2021 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.