WNS (Holdings) Limited (WNS) Issues FY18 Earnings Guidance

WNS (Holdings) Limited (NYSE:WNS) updated its FY18 earnings guidance on Thursday. The company provided EPS guidance of $1.89-2.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.98. The company issued revenue guidance of $693-723 million, compared to the consensus revenue estimate of $695.68 million.

Several brokerages recently issued reports on WNS. Zacks Investment Research lowered shares of WNS (Holdings) Limited from a buy rating to a hold rating in a research report on Saturday, June 10th. Wedbush started coverage on shares of WNS (Holdings) Limited in a research report on Thursday, August 3rd. They set an outperform rating and a $42.00 target price for the company. BidaskClub raised shares of WNS (Holdings) Limited from a hold rating to a buy rating in a report on Saturday, June 24th. Cowen and Company raised shares of WNS (Holdings) Limited from a market perform rating to an outperform rating and set a $38.00 price target on the stock in a report on Wednesday, June 14th. Finally, Barrington Research lifted their price target on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the company an outperform rating in a report on Friday, July 21st. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of Buy and an average price target of $38.50.

WNS (NYSE:WNS) traded up 0.43% during trading on Monday, hitting $35.02. 84,353 shares of the stock traded hands. WNS has a 52-week low of $24.82 and a 52-week high of $36.07. The stock has a market cap of $1.77 billion, a P/E ratio of 43.83 and a beta of 0.97. The stock has a 50 day moving average price of $34.48 and a 200-day moving average price of $31.34.

WNS (Holdings) Limited (NYSE:WNS) last released its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.45. WNS (Holdings) Limited had a net margin of 6.66% and a return on equity of 18.73%. The firm had revenue of $175.30 million for the quarter, compared to analysts’ expectations of $162.73 million. During the same quarter last year, the company earned $0.45 EPS. The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. On average, analysts anticipate that WNS will post $1.99 EPS for the current fiscal year.

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WNS (Holdings) Limited Company Profile

WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.

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