Brokerages forecast that WNS (Holdings) Limited (NYSE:WNS) will report earnings of $0.57 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for WNS’s earnings. The highest EPS estimate is $0.58 and the lowest is $0.53. WNS posted earnings per share of $0.48 in the same quarter last year, which suggests a positive year over year growth rate of 18.8%. The business 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 financial year, with EPS estimates ranging from $2.00 to $2.21. For the next year, analysts anticipate that the firm will post earnings of $2.32 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 sell-side research firms that follow WNS.
WNS (NYSE:WNS) last announced its earnings results on Thursday, January 18th. The business services provider reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. The business had revenue of $185.20 million for the quarter, compared to the consensus estimate of $175.85 million. WNS had a net margin of 7.96% and a return on equity of 20.19%. WNS’s quarterly revenue was up 32.5% on a year-over-year basis. During the same period last year, the firm posted $0.49 earnings per share.
Institutional investors have recently modified their holdings of the company. Thomas White International Ltd. grew its holdings in shares of WNS by 5.8% in the fourth quarter. Thomas White International Ltd. now owns 100,006 shares of the business services provider’s stock worth $4,014,000 after purchasing an additional 5,496 shares during the last quarter. Cubist Systematic Strategies LLC grew its holdings in shares of WNS by 31.5% in the third quarter. Cubist Systematic Strategies LLC now owns 19,134 shares of the business services provider’s stock worth $698,000 after purchasing an additional 4,584 shares during the last quarter. Pier Capital LLC bought a new position in shares of WNS in the third quarter worth approximately $5,504,000. Rice Hall James & Associates LLC grew its holdings in shares of WNS by 10.5% in the fourth quarter. Rice Hall James & Associates LLC now owns 653,005 shares of the business services provider’s stock worth $26,205,000 after purchasing an additional 61,838 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in shares of WNS by 8.1% in the fourth quarter. Lazard Asset Management LLC now owns 255,112 shares of the business services provider’s stock worth $10,237,000 after purchasing an additional 19,057 shares during the last quarter. Hedge funds and other institutional investors own 86.41% of the company’s stock.
Shares of WNS (NYSE WNS) traded up $0.39 on Wednesday, reaching $46.25. 212,607 shares of the company were exchanged, compared to its average volume of 228,624. The stock has a market capitalization of $2,303.33, a P/E ratio of 42.43, a P/E/G ratio of 1.94 and a beta of 0.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.54 and a quick ratio of 2.54. WNS has a 1-year low of $27.43 and a 1-year high of $46.53.
WNS declared that its Board of Directors has initiated a stock repurchase program on Thursday, January 18th that permits the company to repurchase 3,300,000 outstanding shares. This repurchase authorization permits the business services provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.
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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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