Genpact Limited (G) Tops Q4 EPS by 4c; Guides In-Line
Genpact Limited (NYSE: G) reported Q4 EPS of $0.43, $0.04 better than the analyst estimate of $0.39. Revenue for the quarter came in at $682 million versus the consensus estimate of $684.88 million.
"We are pleased with our full year 2016 results, as we delivered strong Global Client BPO growth, expanded our adjusted operating margin and significantly grew our adjusted earnings per share," said N.V. "Tiger" Tyagarajan, Genpact's president and CEO. "With that said, we are seeing heightened levels of volatility and uncertainty in the global environment. Now more than ever, enterprises need to be nimble and react quickly to compete in their respective markets. We believe our digital transformational services uniquely position us to drive value for clients. These consulting, digital and analytics services now account for approximately 20% of our Global Client revenues and collectively are growing significantly above our Global Client revenue growth rate."
GUIDANCE:
Genpact Limited sees FY2017 EPS of $1.53-$1.57, versus the consensus of $1.57.
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