ExlService Holdings, Inc. (EXLS) Expected to Post Earnings of $0.65 Per Share

Brokerages predict that ExlService Holdings, Inc. (NASDAQ:EXLS) will announce earnings per share (EPS) of $0.65 for the current quarter, according to Zacks. Eight analysts have issued estimates for ExlService’s earnings, with the lowest EPS estimate coming in at $0.64 and the highest estimate coming in at $0.66. ExlService posted earnings per share of $0.61 in the same quarter last year, which would suggest a positive year over year growth rate of 6.6%. The business is scheduled to report its next quarterly earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that ExlService will report full-year earnings of $2.63 per share for the current financial year, with EPS estimates ranging from $2.62 to $2.64. For the next year, analysts expect that the business will report earnings of $2.86 per share, with EPS estimates ranging from $2.79 to $2.90. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover ExlService.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.03. ExlService had a return on equity of 14.81% and a net margin of 9.94%. The company had revenue of $192.30 million during the quarter, compared to analyst estimates of $191.20 million. During the same quarter last year, the firm posted $0.61 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis.

Several brokerages recently weighed in on EXLS. ValuEngine lowered ExlService from a “buy” rating to a “hold” rating in a report on Friday. BidaskClub lowered ExlService from a “buy” rating to a “hold” rating in a report on Saturday. Wedbush reissued a “neutral” rating and issued a $63.00 price objective on shares of ExlService in a report on Wednesday, August 9th. Cantor Fitzgerald reissued a “buy” rating and issued a $64.00 price objective on shares of ExlService in a report on Thursday, October 26th. Finally, Zacks Investment Research raised ExlService from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. ExlService currently has a consensus rating of “Hold” and a consensus target price of $62.33.

Shares of ExlService (NASDAQ:EXLS) traded down $0.68 on Friday, reaching $60.70. The company had a trading volume of 216,076 shares, compared to its average volume of 125,710. ExlService has a 52 week low of $44.25 and a 52 week high of $62.99. The stock has a market cap of $2,060.34, a price-to-earnings ratio of 25.29, a P/E/G ratio of 2.09 and a beta of 1.26. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.08.

In other ExlService news, CEO Rohit Kapoor sold 16,206 shares of ExlService stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $62.56, for a total transaction of $1,013,847.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Villa Rembert De sold 19,391 shares of ExlService stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $57.40, for a total value of $1,113,043.40. Following the transaction, the executive vice president now directly owns 30,088 shares of the company’s stock, valued at approximately $1,727,051.20. The disclosure for this sale can be found here. Insiders have sold a total of 388,834 shares of company stock valued at $22,724,604 in the last ninety days. Insiders own 5.80% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of EXLS. Bank of Montreal Can boosted its position in shares of ExlService by 0.7% during the 2nd quarter. Bank of Montreal Can now owns 4,478 shares of the business services provider’s stock valued at $249,000 after acquiring an additional 31 shares during the last quarter. Aperio Group LLC boosted its position in shares of ExlService by 29.1% during the 2nd quarter. Aperio Group LLC now owns 13,493 shares of the business services provider’s stock valued at $750,000 after acquiring an additional 3,044 shares during the last quarter. US Bancorp DE boosted its position in shares of ExlService by 1.3% during the 2nd quarter. US Bancorp DE now owns 13,950 shares of the business services provider’s stock valued at $775,000 after acquiring an additional 174 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of ExlService by 4.5% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,960 shares of the business services provider’s stock valued at $442,000 after acquiring an additional 340 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in shares of ExlService by 4.0% during the 2nd quarter. Great West Life Assurance Co. Can now owns 48,666 shares of the business services provider’s stock valued at $2,705,000 after acquiring an additional 1,850 shares during the last quarter. Hedge funds and other institutional investors own 95.72% of the company’s stock.

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ExlService Company Profile

ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.

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Earnings History and Estimates for ExlService (NASDAQ:EXLS)

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