Wipro Ltd WIT.N, WIT is expected to show a fall in quarterly revenue when it reports results on January 17 for the period ending December 31 2024
The Bangalore Karnataka-based company is expected to report a 1.8% decrease in revenue to $2.62 billion from $2.67 billion a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Wipro Ltd is for earnings of 3 cents per share.
The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 5 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Wipro Ltd is $2.90, below its last closing price of $3.40.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.03 | 0.03 | 0.04 | Beat | 4.9 |
Jun. 30 2024 | 0.03 | 0.03 | 0.04 | Beat | 3.7 |
Mar. 31 2024 | 0.03 | 0.03 | 0.03 | Met | -2.1 |
Dec. 31 2023 | 0.03 | 0.03 | 0.03 | Met | -8.3 |
Sep. 30 2023 | 0.03 | 0.03 | 0.03 | Met | -11.7 |
Jun. 30 2023 | 0.03 | 0.03 | 0.03 | Met | -10.8 |
Mar. 31 2023 | 0.04 | 0.04 | Met | 0 | |
Dec. 31 2022 | 0.04 | 0.04 | 0.04 | Met | 0 |
This summary was machine generated January 15 at 10:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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