Wipro (NYSE:WIT – Get Free Report) will post its quarterly earnings results before the market opens on Friday, July 19th. Analysts expect Wipro to post earnings of $0.07 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Wipro (NYSE:WIT – Get Free Report) last issued its earnings results on Friday, April 19th. The information technology services provider reported $0.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.07. The firm had revenue of $2.67 billion for the quarter, compared to analysts’ expectations of $2.65 billion. Wipro had a return on equity of 15.60% and a net margin of 12.29%. On average, analysts expect Wipro to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Wipro Stock Performance
Shares of WIT opened at $6.69 on Thursday. The stock’s 50-day moving average is $5.77 and its two-hundred day moving average is $5.77. The stock has a market cap of $34.92 billion, a PE ratio of 26.76, a P/E/G ratio of 4.60 and a beta of 0.90. Wipro has a 12 month low of $4.48 and a 12 month high of $6.77. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.58 and a quick ratio of 2.57.
Analyst Upgrades and Downgrades
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About Wipro
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises.
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