WNS (NYSE:WNS) Releases FY 2022 Earnings Guidance

WNS (NYSE:WNS) issued an update on its FY 2022 earnings guidance on Thursday morning. The company provided EPS guidance of $3.090-$3.280 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.130. The company issued revenue guidance of $961 M-$1.01 billion, compared to the consensus revenue estimate of $983.20 million.

WNS traded up $0.25 during trading hours on Thursday, hitting $81.53. The stock had a trading volume of 1,576 shares, compared to its average volume of 161,817. The firm’s fifty day simple moving average is $77.50. WNS has a 1 year low of $57.06 and a 1 year high of $83.57. The stock has a market capitalization of $4.03 billion, a PE ratio of 36.74, a PEG ratio of 2.37 and a beta of 1.41.

WNS (NYSE:WNS) last issued its quarterly earnings results on Wednesday, July 14th. The business services provider reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.08. The firm had revenue of $236.20 million during the quarter, compared to the consensus estimate of $229.29 million. WNS had a return on equity of 18.43% and a net margin of 11.95%. The company’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter last year, the company posted $0.50 EPS. As a group, analysts forecast that WNS will post 2.6 EPS for the current year.

A number of equities analysts have commented on the company. Zacks Investment Research cut WNS from a buy rating to a hold rating in a research note on Thursday. Cowen lifted their price target on WNS from $82.00 to $90.00 and gave the company an outperform rating in a research report on Friday, July 16th. Barrington Research lifted their price target on WNS from $84.00 to $95.00 and gave the company an outperform rating in a research report on Friday, July 16th. Deutsche Bank Aktiengesellschaft lifted their price target on WNS from $80.00 to $85.00 and gave the company a buy rating in a research report on Friday, July 16th. Finally, Needham & Company LLC boosted their target price on WNS from $88.00 to $97.00 and gave the stock a buy rating in a report on Thursday, July 15th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $85.30.

About WNS

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

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Earnings History and Estimates for WNS (NYSE:WNS)

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