WNS (Holdings) Limited Expected to Post Q1 2019 Earnings of $0.44 Per Share (WNS)

WNS (Holdings) Limited (NYSE:WNS) – SunTrust Banks increased their Q1 2019 earnings per share estimates for WNS (Holdings) Limited in a report released on Sunday. SunTrust Banks analyst F. Atkins now forecasts that the business services provider will post earnings of $0.44 per share for the quarter, up from their prior forecast of $0.43. SunTrust Banks currently has a “Buy” rating and a $41.00 target price on the stock. SunTrust Banks also issued estimates for WNS (Holdings) Limited’s Q2 2019 earnings at $0.49 EPS and Q3 2019 earnings at $0.49 EPS.

WNS (Holdings) Limited (NYSE:WNS) last announced its quarterly earnings data on Friday, October 27th. The business services provider reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.04. The company had revenue of $182.30 million during the quarter, compared to the consensus estimate of $175.36 million. WNS (Holdings) Limited had a net margin of 7.24% and a return on equity of 19.38%. WNS (Holdings) Limited’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.42 EPS.

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Other equities analysts also recently issued research reports about the stock. Bank of America Corporation boosted their price target on shares of WNS (Holdings) Limited from $37.00 to $38.00 and gave the company a “buy” rating in a report on Friday, July 21st. Cowen and Company reissued a “buy” rating and set a $39.00 price target on shares of WNS (Holdings) Limited in a report on Friday, July 21st. Wedbush began coverage on shares of WNS (Holdings) Limited in a report on Thursday, August 3rd. They set an “outperform” rating and a $42.00 price target for the company. Citigroup Inc. boosted their price target on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the company a “buy” rating in a report on Friday, July 21st. Finally, Barrington Research boosted their price target on shares of WNS (Holdings) Limited from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Monday. One research analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. WNS (Holdings) Limited presently has a consensus rating of “Buy” and an average price target of $42.36.

Several hedge funds and other institutional investors have recently modified their holdings of WNS. OLD National Bancorp IN bought a new stake in shares of WNS (Holdings) Limited during the third quarter valued at about $202,000. 1st Global Advisors Inc. bought a new stake in shares of WNS (Holdings) Limited during the second quarter valued at about $223,000. PNC Financial Services Group Inc. raised its stake in shares of WNS (Holdings) Limited by 28.0% during the first quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock valued at $224,000 after purchasing an additional 1,720 shares in the last quarter. Financial Counselors Inc. bought a new stake in shares of WNS (Holdings) Limited during the second quarter valued at about $236,000. Finally, LaSalle Street Capital Management LLC bought a new stake in shares of WNS (Holdings) Limited during the second quarter valued at about $246,000. Institutional investors and hedge funds own 85.72% of the company’s stock.

About WNS (Holdings) Limited

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.

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