WNS Shares Decline 12% on Lower Fiscal 2025 Outlook

Dow Jones
2024-10-17
 

By Denny Jacob

 

WNS (Holdings) shares declined 12% after lowering its outlook for the fiscal year.

Shares were trading around $43.84. The stock is down about 30% on the year.

The provider of global business process management technology on Thursday guided for adjusted revenue between $1.25 billion and around $1.3 billion for fiscal 2025. It previously guided for the metric to come in between $1.29 billion and $1.35 billion.

Adjusted earnings per-share are now expected to be in the range of $4.13 and $4.35 compared to prior guidance between $4.42 and $4.68.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

October 17, 2024 10:26 ET (14:26 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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