Zacks: Brokerages Anticipate WNS (Holdings) Limited (NYSE:WNS) Will Post Earnings of $0.67 Per Share

Equities analysts predict that WNS (Holdings) Limited (NYSE:WNS) will announce earnings per share of $0.67 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for WNS’s earnings, with the highest EPS estimate coming in at $0.70 and the lowest estimate coming in at $0.66. WNS posted earnings per share of $0.65 in the same quarter last year, which indicates a positive year-over-year growth rate of 3.1%. The business is expected to announce its next earnings results on Thursday, October 24th.

According to Zacks, analysts expect that WNS will report full year earnings of $2.88 per share for the current fiscal year, with EPS estimates ranging from $2.83 to $2.95. For the next financial year, analysts anticipate that the company will post earnings of $3.14 per share, with EPS estimates ranging from $3.05 to $3.20. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that that provide coverage for WNS.

WNS (NYSE:WNS) last released its quarterly earnings results on Thursday, July 18th. The business services provider reported $0.72 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.24. WNS had a return on equity of 23.92% and a net margin of 13.44%. The business had revenue of $214.60 million during the quarter, compared to analysts’ expectations of $207.51 million. During the same quarter in the prior year, the business earned $0.59 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year.

Several equities research analysts have recently commented on the company. Zacks Investment Research cut WNS from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 27th. Cowen upped their price target on WNS from $62.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Cantor Fitzgerald upped their price target on WNS from $63.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Wedbush restated an “outperform” rating on shares of WNS in a research note on Tuesday, July 16th. Finally, Barrington Research upped their price target on WNS from $68.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $67.86.

Shares of WNS stock traded up $0.19 during trading hours on Friday, hitting $63.18. 1,673 shares of the company were exchanged, compared to its average volume of 157,167. WNS has a 1 year low of $39.24 and a 1 year high of $65.00. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.06. The firm has a 50-day simple moving average of $60.81. The firm has a market capitalization of $3.18 billion, a PE ratio of 28.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07.

A number of hedge funds have recently made changes to their positions in WNS. Wells Fargo & Company MN lifted its holdings in shares of WNS by 74.5% in the 1st quarter. Wells Fargo & Company MN now owns 1,457,611 shares of the business services provider’s stock worth $77,647,000 after purchasing an additional 622,177 shares during the last quarter. Marshall Wace LLP raised its stake in WNS by 455.3% during the 1st quarter. Marshall Wace LLP now owns 261,209 shares of the business services provider’s stock worth $13,914,000 after buying an additional 214,168 shares during the period. Summit Creek Advisors LLC acquired a new stake in WNS during the 2nd quarter worth $9,601,000. Janus Henderson Group PLC raised its stake in WNS by 24.7% during the 1st quarter. Janus Henderson Group PLC now owns 691,006 shares of the business services provider’s stock worth $36,810,000 after buying an additional 136,836 shares during the period. Finally, Acadian Asset Management LLC raised its stake in WNS by 7.7% during the 1st quarter. Acadian Asset Management LLC now owns 1,824,726 shares of the business services provider’s stock worth $97,205,000 after buying an additional 131,093 shares during the period. 94.32% of the stock is currently owned by hedge funds and other institutional investors.

About WNS

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.

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Earnings History and Estimates for WNS (NYSE:WNS)

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