Syntel Reports First Quarter 2015 Financial Results

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Banking, Financial Services Revenue Shortfalls Hit Syntel's (SYNT) Q1 Results; Noble Financial Maintains 'Buy' Rating

April 23, 2015 2:42 PM EDT

Noble Financial affirms Syntel, Inc. (Nasdaq: SYNT) at Buy with a price target of $56 following the company's Q1 report issued earlier this morning.

Analyst Vincent Colicchio, CFA, noted that Syntel posted Q1 EPS of $0.48, compared with the firm's $0.67 outlook. Revenue was flat year-over-year and down... More

Syntel, Inc. (SYNT) Misses Q1 EPS by 20c; Trims FY15 Outlook

April 23, 2015 8:32 AM EDT

Syntel, Inc. (NASDAQ: SYNT) reported Q1 EPS of $0.48, $0.20 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $220.6 million versus the consensus estimate of $236.87 million.

Syntel, Inc. sees FY2015 EPS of $2.70-$2.85, versus the consensus of $2.89. Syntel, Inc. sees FY2015... More