Genpact Ltd reports results for the quarter ended September 30 - Earnings Summary

Reuters
09 Nov 2024
Genpact Ltd reports results for the quarter ended September 30 - Earnings Summary
  • Genpact Ltd G.N reported quarterly adjusted earnings of 85 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of twelve analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 79 cents to 82 cents per share.

  • Revenue rose 6.6% to $1.21 billion from a year ago; analysts expected $1.19 billion.

  • Genpact Ltd's reported EPS for the quarter was 74 cents​.

  • The company reported quarterly net income of $132.82 million.

  • Genpact Ltd shares had risen by 6.6% this quarter and gained 20.5% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the business support services peer group is also "hold"

Wall Street's median 12-month price target for Genpact Ltd is 48.00

This summary was machine generated from LSEG data November 9 at 12:29 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

0.80

0.85

Beat

Jun. 30 2024

0.72

0.72

Met

Mar. 31 2024

0.68

0.73

Beat

Dec. 31 2023

0.74

0.82

Beat

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