Genpact Ltd reports results for the quarter ended June 30 - Earnings Summary

• Genpact Ltd G.N reported quarterly adjusted earnings of 88 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of ten analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 84 cents to 89 cents per share.

• Revenue rose 6.6% to $1.25 billion from a year ago; analysts expected $1.23 billion.

• Genpact Ltd's reported EPS for the quarter was 75 cents​.

• The company reported quarterly net income of $132.72 million.

• Genpact Ltd shares had fallen by 4.1% this quarter and lost 1.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for Genpact Ltd is $50.00, about 16.6% above its last closing price of $41.72

This summary was machine generated from LSEG data August 8 at 03:59 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)