Wall Street analysts expect that ExlService Holdings, Inc. (NASDAQ:EXLS) will announce $248.92 million in sales for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for ExlService’s earnings, with the highest sales estimate coming in at $250.20 million and the lowest estimate coming in at $247.83 million. ExlService posted sales of $231.12 million in the same quarter last year, which suggests a positive year over year growth rate of 7.7%. The firm is expected to issue its next earnings report before the market opens on Tuesday, October 29th.
According to Zacks, analysts expect that ExlService will report full-year sales of $985.86 million for the current fiscal year, with estimates ranging from $980.00 million to $990.36 million. For the next fiscal year, analysts expect that the business will post sales of $1.06 billion, with estimates ranging from $1.05 billion to $1.08 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for ExlService.
ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, July 30th. The business services provider reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. ExlService had a net margin of 4.89% and a return on equity of 13.60%. The firm had revenue of $243.50 million during the quarter, compared to analysts’ expectations of $241.67 million. During the same period in the previous year, the company earned $0.67 earnings per share. ExlService’s quarterly revenue was up 15.9% compared to the same quarter last year.
Shares of EXLS opened at $65.58 on Friday. ExlService has a 1-year low of $44.29 and a 1-year high of $70.03. The stock has a market cap of $2.25 billion, a PE ratio of 28.39, a price-to-earnings-growth ratio of 2.68 and a beta of 1.07. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.91 and a quick ratio of 2.91. The firm has a fifty day moving average price of $66.88 and a 200 day moving average price of $64.13.
Several large investors have recently made changes to their positions in EXLS. Royal Bank of Canada grew its position in shares of ExlService by 99.5% in the second quarter. Royal Bank of Canada now owns 595,944 shares of the business services provider’s stock valued at $39,410,000 after purchasing an additional 297,151 shares during the last quarter. Nuveen Asset Management LLC purchased a new position in shares of ExlService during the second quarter valued at approximately $16,913,000. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of ExlService during the second quarter valued at approximately $7,044,000. BlackRock Inc. lifted its stake in shares of ExlService by 1.0% during the first quarter. BlackRock Inc. now owns 4,953,103 shares of the business services provider’s stock valued at $297,285,000 after buying an additional 48,222 shares during the period. Finally, TimesSquare Capital Management LLC lifted its stake in shares of ExlService by 4.9% during the second quarter. TimesSquare Capital Management LLC now owns 1,029,056 shares of the business services provider’s stock valued at $68,051,000 after buying an additional 48,220 shares during the period. 93.11% of the stock is owned by institutional investors and hedge funds.
ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.
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