$0.53 Earnings Per Share Expected for WNS (Holdings) Limited (NYSE:WNS) This Quarter

Wall Street analysts forecast that WNS (Holdings) Limited (NYSE:WNS) will post earnings of $0.53 per share for the current quarter, Zacks reports. Six analysts have provided estimates for WNS’s earnings. The highest EPS estimate is $0.56 and the lowest is $0.50. WNS reported earnings of $0.79 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 32.9%. The company is scheduled to issue its next earnings results on Thursday, October 15th.

On average, analysts expect that WNS will report full-year earnings of $2.34 per share for the current fiscal year, with EPS estimates ranging from $2.24 to $2.40. For the next financial year, analysts forecast that the business will report earnings of $3.07 per share, with EPS estimates ranging from $2.80 to $3.36. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow WNS.

WNS (NYSE:WNS) last issued its earnings results on Thursday, July 16th. The business services provider reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.36. The business had revenue of $201.40 million during the quarter, compared to analyst estimates of $179.32 million. WNS had a return on equity of 20.44% and a net margin of 11.27%. WNS’s revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 EPS.

A number of brokerages have recently issued reports on WNS. Zacks Investment Research upgraded WNS from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a report on Wednesday, September 16th. Needham & Company LLC lifted their price target on WNS from $55.00 to $73.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Citigroup lifted their price target on WNS from $52.00 to $69.00 and gave the company a “buy” rating in a report on Friday, July 17th. Deutsche Bank lifted their price target on WNS from $56.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, Barrington Research lifted their price target on WNS from $52.00 to $71.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Two research 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 target price of $66.90.

A number of hedge funds have recently made changes to their positions in WNS. FMR LLC grew its stake in WNS by 15.0% during the 2nd quarter. FMR LLC now owns 4,973,364 shares of the business services provider’s stock worth $273,436,000 after buying an additional 650,148 shares during the last quarter. Grandeur Peak Global Advisors LLC lifted its position in WNS by 33.5% during the 1st quarter. Grandeur Peak Global Advisors LLC now owns 1,650,363 shares of the business services provider’s stock worth $70,933,000 after acquiring an additional 414,514 shares during the period. WCM Investment Management LLC lifted its position in WNS by 71.4% during the 2nd quarter. WCM Investment Management LLC now owns 815,842 shares of the business services provider’s stock worth $44,855,000 after acquiring an additional 339,959 shares during the period. Nalanda India Equity Fund Ltd lifted its position in WNS by 18.6% during the 2nd quarter. Nalanda India Equity Fund Ltd now owns 2,136,558 shares of the business services provider’s stock worth $117,468,000 after acquiring an additional 335,610 shares during the period. Finally, Janus Henderson Group PLC lifted its position in WNS by 40.7% during the 1st quarter. Janus Henderson Group PLC now owns 1,124,298 shares of the business services provider’s stock worth $48,322,000 after acquiring an additional 324,982 shares during the period. Hedge funds and other institutional investors own 99.74% of the company’s stock.

Shares of NYSE:WNS traded up $1.23 on Tuesday, reaching $62.47. The company had a trading volume of 110,960 shares, compared to its average volume of 278,176. WNS has a 52-week low of $34.26 and a 52-week high of $75.86. The firm’s 50 day simple moving average is $65.50 and its 200-day simple moving average is $54.43. The firm has a market capitalization of $3.11 billion, a PE ratio of 30.81, a PEG ratio of 4.98 and a beta of 1.45. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 0.28.

WNS Company Profile

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

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Earnings History and Estimates for WNS (NYSE:WNS)

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