Brokerages Expect WNS (Holdings) Limited (NYSE:WNS) Will Announce Quarterly Sales of $270.20 Million

Analysts predict that WNS (Holdings) Limited (NYSE:WNS – Get Rating) will announce sales of $270.20 million for the current quarter, Zacks reports. Five analysts have provided estimates for WNS’s earnings, with the highest sales estimate coming in at $275.19 million and the lowest estimate coming in at $261.49 million. WNS reported sales of $236.30 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 14.3%. The business is scheduled to report its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that WNS will report full-year sales of $1.14 billion for the current financial year, with estimates ranging from $1.13 billion to $1.16 billion. For the next year, analysts expect that the company will post sales of $1.25 billion, with estimates ranging from $1.24 billion to $1.27 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that cover WNS.

WNS (NYSE:WNS – Get Rating) last issued its earnings results on Thursday, April 21st. The business services provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.08. The business had revenue of $275.00 million for the quarter, compared to analyst estimates of $265.54 million. WNS had a net margin of 11.90% and a return on equity of 20.26%. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 EPS.

A number of equities research analysts have recently issued reports on WNS shares. StockNews.com started coverage on shares of WNS in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Cowen cut their target price on shares of WNS from $100.00 to $98.00 and set an “outperform” rating on the stock in a research note on Friday, April 22nd. Barrington Research lowered their price objective on shares of WNS from $104.00 to $97.00 in a research report on Friday, April 22nd. Cowen lowered their price objective on shares of WNS from $100.00 to $98.00 and set an “outperform” rating for the company in a research report on Friday, April 22nd. Finally, Zacks Investment Research downgraded shares of WNS from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $98.43.

Shares of WNS stock traded up $0.32 during trading on Friday, reaching $71.50. The company had a trading volume of 165,180 shares, compared to its average volume of 187,952. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 1.89 and a beta of 1.36. The firm’s fifty day moving average is $82.23 and its 200-day moving average is $84.85. WNS has a fifty-two week low of $67.07 and a fifty-two week high of $91.48.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Grandeur Peak Global Advisors LLC grew its position in WNS by 0.6% in the 4th quarter. Grandeur Peak Global Advisors LLC now owns 2,865,109 shares of the business services provider’s stock worth $252,760,000 after purchasing an additional 17,466 shares during the last quarter. Artisan Partners Limited Partnership grew its position in WNS by 0.9% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,378,103 shares of the business services provider’s stock worth $112,729,000 after purchasing an additional 12,738 shares during the last quarter. Victory Capital Management Inc. grew its position in WNS by 24.3% in the 1st quarter. Victory Capital Management Inc. now owns 1,269,115 shares of the business services provider’s stock worth $108,266,000 after purchasing an additional 248,276 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in WNS by 14.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,159,268 shares of the business services provider’s stock worth $102,271,000 after purchasing an additional 146,902 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in WNS in the 4th quarter worth about $95,257,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

About WNS (Get Rating)

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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