Genpact Limited (G) Tops Q1 EPS by 11c, Offers Guidance
Genpact Limited (NYSE: G) reported Q1 EPS of $0.59, $0.11 better than the analyst estimate of $0.48. Revenue for the quarter came in at $946 million versus the consensus estimate of $924.43 million.
GUIDANCE:
Genpact Limited sees FY2021 EPS of $2.27-$2.30, versus the consensus of $2.28. Genpact Limited sees FY2021 revenue of $3.93-399 billion, versus the consensus of $3.97 billion.
- Total revenue for the full year of $3.93 to $3.99 billion, up 6.0% to 7.5%, or 5.0% to 6.5% on a constant currency basis.1
- Adjusted income from operations margin5 of approximately 16.0%.
Genpact now expects:
- Global Client revenue growth in the range of 9.0% to 11.0%, or 8.0% to 10.0% on a constant currency basis,1 increased from the prior outlook of 8.0% to 10.0%, or 7.0% to 9.0% on a constant currency basis,1 due to the revenue from certain GE-divested businesses that is now classified as Global Client revenue.
- Adjusted diluted EPS6 of $2.27 to $2.30, increased from the prior outlook of $2.26 to $2.29.
For earnings history and earnings-related data on Genpact Limited (G) click here.
