Revenue Update on WNS (Holdings) Limited (ADR)(NYSE:WNS)

WNS (Holdings) Limited (ADR)(NYSE:WNS) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-market on Jul 14, 2016. Company reported revenue of $140.80M. Analysts estimated a revenue of $135.25M. Earnings per share were $0.45. Analysts had estimated an EPS of $0.44.

In a different note, On Jul 5, 2016, Baird said it Upgrades its rating on WNS (Holdings) Limited (ADR). The shares have been rated ‘Buy’ by the firm. On Apr 29, 2016, JP Morgan said it Upgrades its rating on WNS (Holdings) Limited (ADR). In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Overweight’ by the firm.

WNS (Holdings) Limited (ADR) (WNS) made into the market gainers list on Mondays trading session with the shares advancing 0.57% or 0.15 points. Due to strong positive momentum, the stock ended at $26.49, which is also near the day’s high of $26.63. The stock began the session at $26.33 and the volume stood at 2,34,908 shares. The 52-week high of the shares is $34.37 and the 52 week low is $25.01. The company has a current market capitalization of $1,346 M and it has 5,08,17,089 shares in outstanding.

WNS (Holdings) Limited (WNS) is engaged in providing business process management (BPM) services. The Company offers data voice analytical and business transformation services. The Company operates through two business segments: WNS Global BPM and WNS Auto Claims BPM. The WNS Global BPM segment is delivered out of the Company’s delivery centers in China Costa Rica India the Philippines Poland Romania South Africa Sri Lanka the United Kingdom and the United States. The WNS Global BPM segment includes all of the Company’s business activities with the exception of WNS Auto Claims BPM. The WNS Auto Claims BPM segment provides fault and non-fault repairs. Under fault repairs the Company provides claims handling and repair management services where it arranges for automobile repairs through a network of third party repair centers. Under non-fault repairs business the Company provides a consolidated suite of accident management services including credit hire and credit repair.

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