WNS (Holdings) Limited (WNS) Expected to Announce Earnings of $0.50 Per Share

Equities analysts forecast that WNS (Holdings) Limited (NYSE:WNS) will report earnings per share (EPS) of $0.50 for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for WNS’s earnings. The lowest EPS estimate is $0.46 and the highest is $0.53. WNS reported earnings per share of $0.49 during the same quarter last year, which would suggest a positive year-over-year growth rate of 2%. The company is expected to report its next quarterly earnings report on Thursday, January 18th.

On average, analysts expect that WNS will report full-year earnings of $2.02 per share for the current year, with EPS estimates ranging from $1.98 to $2.06. For the next year, analysts anticipate that the business will report earnings of $2.23 per share, with EPS estimates ranging from $2.15 to $2.31. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow WNS.

WNS (NYSE:WNS) last issued its quarterly earnings results on Friday, October 27th. The business services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.49 by $0.04. WNS had a return on equity of 19.23% and a net margin of 7.24%. The firm had revenue of $182.30 million during the quarter, compared to analysts’ expectations of $175.36 million. During the same period in the prior year, the firm posted $0.42 earnings per share. The business’s quarterly revenue was up 26.9% compared to the same quarter last year.

Several research analysts recently commented on the company. ValuEngine cut WNS from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Needham & Company LLC upped their price objective on WNS from $46.00 to $52.00 and gave the company a “strong-buy” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded WNS from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research note on Thursday, November 2nd. J P Morgan Chase & Co upped their price objective on WNS from $43.00 to $45.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. Finally, Barrington Research upped their price objective on WNS from $40.00 to $44.00 and gave the company an “outperform” rating in a research note on Monday, October 30th. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. WNS presently has a consensus rating of “Buy” and an average target price of $42.83.

Shares of WNS (NYSE WNS) traded up $0.02 during midday trading on Wednesday, reaching $40.91. The company had a trading volume of 203,600 shares, compared to its average volume of 198,787. WNS has a 1 year low of $26.27 and a 1 year high of $42.36. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $2,059.53, a PE ratio of 26.05, a PEG ratio of 1.79 and a beta of 1.02.

Large investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its stake in shares of WNS by 6.4% during the second quarter. PNC Financial Services Group Inc. now owns 8,360 shares of the business services provider’s stock worth $288,000 after purchasing an additional 500 shares during the period. Kennedy Capital Management Inc. increased its stake in shares of WNS by 0.3% during the second quarter. Kennedy Capital Management Inc. now owns 718,124 shares of the business services provider’s stock worth $24,675,000 after purchasing an additional 2,124 shares during the period. OxFORD Asset Management LLP increased its stake in shares of WNS by 2.3% during the second quarter. OxFORD Asset Management LLP now owns 100,566 shares of the business services provider’s stock worth $3,455,000 after purchasing an additional 2,266 shares during the period. California Public Employees Retirement System increased its stake in shares of WNS by 2.9% during the second quarter. California Public Employees Retirement System now owns 106,600 shares of the business services provider’s stock worth $3,663,000 after purchasing an additional 3,000 shares during the period. Finally, Summit Global Investments increased its stake in shares of WNS by 31.7% during the second quarter. Summit Global Investments now owns 15,800 shares of the business services provider’s stock worth $543,000 after purchasing an additional 3,800 shares during the period. Hedge funds and other institutional investors own 85.95% of the company’s stock.

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About WNS

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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