Wall Street brokerages forecast that WNS (Holdings) Limited (NYSE:WNS) will announce earnings per share (EPS) of $0.57 for the current quarter, Zacks reports. Eight analysts have made estimates for WNS’s earnings. The lowest EPS estimate is $0.53 and the highest is $0.58. WNS reported earnings of $0.48 per share during the same quarter last year, which would indicate a positive year over year growth rate of 18.8%. The firm is expected to announce its next earnings results on Thursday, April 26th.
According to Zacks, analysts expect that WNS will report full-year earnings of $2.19 per share for the current year, with EPS estimates ranging from $2.00 to $2.21. For the next fiscal year, analysts anticipate that the company will post earnings of $2.31 per share, with EPS estimates ranging from $2.16 to $2.41. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow WNS.
WNS (NYSE:WNS) last issued its quarterly earnings results on Thursday, January 18th. The business services provider reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.06. The business had revenue of $185.20 million during the quarter, compared to the consensus estimate of $175.85 million. WNS had a return on equity of 20.19% and a net margin of 7.96%. The company’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the company earned $0.49 earnings per share.
A number of large investors have recently made changes to their positions in the business. Castleark Management LLC acquired a new position in WNS in the fourth quarter valued at $217,000. OLD National Bancorp IN bought a new position in shares of WNS in the 3rd quarter valued at about $202,000. Trexquant Investment LP bought a new position in shares of WNS in the 3rd quarter valued at about $210,000. Advisor Group Inc. grew its position in shares of WNS by 731.2% in the 3rd quarter. Advisor Group Inc. now owns 6,417 shares of the business services provider’s stock valued at $234,000 after acquiring an additional 5,645 shares during the period. Finally, BT Investment Management Ltd bought a new position in shares of WNS in the 3rd quarter valued at about $287,000. Hedge funds and other institutional investors own 85.48% of the company’s stock.
Shares of WNS (NYSE WNS) traded up $0.69 during midday trading on Friday, reaching $45.86. The company’s stock had a trading volume of 329,408 shares, compared to its average volume of 177,005. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.54 and a current ratio of 2.54. The firm has a market capitalization of $2,306.85, a P/E ratio of 42.07, a PEG ratio of 2.00 and a beta of 0.92. WNS has a fifty-two week low of $27.43 and a fifty-two week high of $46.07.
WNS announced that its Board of Directors has approved a share repurchase plan on Thursday, January 18th that authorizes the company to buyback 3,300,000 outstanding shares. This buyback authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.
WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.
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