WNS (NYSE:WNS) posted its quarterly earnings results on Thursday. The business services provider reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.06, Yahoo Finance reports. WNS had a net margin of 7.24% and a return on equity of 19.23%. The company had revenue of $185.20 million during the quarter, compared to analyst estimates of $175.85 million. During the same period in the prior year, the business posted $0.49 EPS. The firm’s revenue was up 32.5% compared to the same quarter last year. WNS updated its FY18 guidance to $2.18-2.22 EPS.
Shares of WNS (NYSE WNS) traded down $1.20 during midday trading on Friday, reaching $44.08. 313,415 shares of the company’s stock traded hands, compared to its average volume of 328,123. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.18. WNS has a 1-year low of $27.43 and a 1-year high of $46.00. The company has a market cap of $2,220.00, a price-to-earnings ratio of 47.40, a PEG ratio of 1.88 and a beta of 1.01.
WNS declared that its Board of Directors has approved a stock buyback program on Thursday, January 18th that authorizes the company to repurchase 3,300,000 shares. This repurchase authorization authorizes the business services provider to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.
ILLEGAL ACTIVITY WARNING: This report was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/01/19/wns-wns-issues-earnings-results-beats-expectations-by-0-06-eps.html.
WNS Company Profile
WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.
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.