WNS (NYSE:WNS) Issues FY 2022 Earnings Guidance

WNS (NYSE:WNS) updated its FY 2022 earnings guidance on Thursday. The company provided EPS guidance of $3.090-$3.280 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.130. The company issued revenue guidance of $961 M-$1.01 billion, compared to the consensus revenue estimate of $983.20 million.

Several research firms recently issued reports on WNS. Cowen upped their price objective on shares of WNS from $82.00 to $90.00 and gave the stock an outperform rating in a report on Friday, July 16th. Barrington Research upped their price objective on shares of WNS from $84.00 to $95.00 and gave the stock an outperform rating in a report on Friday, July 16th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of WNS from $80.00 to $85.00 and gave the stock a buy rating in a report on Friday, July 16th. Needham & Company LLC upped their price objective on shares of WNS from $88.00 to $97.00 and gave the stock a buy rating in a report on Thursday, July 15th. Finally, Zacks Investment Research downgraded shares of WNS from a buy rating to a hold rating in a report on Thursday. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of $85.30.

Shares of WNS stock traded up $0.25 during mid-day trading on Thursday, reaching $81.53. The company’s stock had a trading volume of 1,576 shares, compared to its average volume of 161,817. WNS has a 1-year low of $57.06 and a 1-year high of $83.57. The company has a market capitalization of $4.03 billion, a P/E ratio of 36.74, a P/E/G ratio of 2.37 and a beta of 1.41. The firm’s 50-day moving average is $77.50.

WNS (NYSE:WNS) last announced its earnings results on Wednesday, July 14th. The business services provider reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.08. The business had revenue of $236.20 million during the quarter, compared to analysts’ expectations of $229.29 million. WNS had a net margin of 11.95% and a return on equity of 18.43%. The firm’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter last year, the company posted $0.50 EPS. Sell-side analysts anticipate that WNS will post 2.6 earnings per share for the current fiscal year.

About WNS

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

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Earnings History and Estimates for WNS (NYSE:WNS)

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