WNS (NYSE:WNS) Releases FY 2020 Pre-Market Earnings Guidance

Share on StockTwits

WNS (NYSE:WNS) updated its FY 2020
Pre-Market earnings guidance on Thursday. The company provided earnings per share guidance of 3.05-3.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.03. The company issued revenue guidance of $890-900 million, compared to the consensus revenue estimate of $885.44 million.WNS also updated its FY20 guidance to $3.05-3.12 EPS.

Shares of NYSE WNS traded down $0.23 during midday trading on Thursday, reaching $71.20. 19,230 shares of the stock were exchanged, compared to its average volume of 130,571. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.35. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 31.56, a PEG ratio of 2.25 and a beta of 1.15. The firm has a 50-day simple moving average of $64.92 and a two-hundred day simple moving average of $62.13. WNS has a twelve month low of $44.37 and a twelve month high of $69.10.

WNS (NYSE:WNS) last posted its earnings results on Thursday, October 17th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.12. The firm had revenue of $220.70 million during the quarter, compared to analysts’ expectations of $216.08 million. WNS had a net margin of 13.47% and a return on equity of 23.57%. The business’s revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. Research analysts expect that WNS will post 2.43 EPS for the current fiscal year.

Several research firms recently commented on WNS. Cantor Fitzgerald raised their price target on shares of WNS from $68.00 to $73.00 and gave the company an outperform rating in a research report on Friday, October 18th. JPMorgan Chase & Co. raised their price target on shares of WNS from $73.00 to $74.00 and gave the company an overweight rating in a research report on Wednesday, December 18th. ValuEngine lowered shares of WNS from a buy rating to a hold rating in a research report on Wednesday, October 2nd. Zacks Investment Research restated a buy rating and set a $70.00 price target on shares of WNS in a research report on Saturday, October 26th. Finally, Robert W. Baird raised their price target on shares of WNS from $66.00 to $68.00 and gave the company a neutral rating in a research report on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $70.17.

WNS Company Profile

WNS (Holdings) Limited, a business process management company, together with its subsidiaries, provides data, voice, analytical, and business transformation services worldwide. It operates through two segments, WNS Global BPM and WNS Auto Claims BPM. The company offers industry-specific services to clients primarily in insurance; travel and leisure; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; utilities; consulting and professional services; healthcare; banking and financial services; and shipping and logistics industries.

Read More: How can investors invest in the S&P/TSX Index?

Earnings History and Estimates for WNS (NYSE:WNS)

Receive News & Ratings for WNS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WNS and related companies with MarketBeat.com's FREE daily email newsletter.