Nomura Securities Downgrades Wipro Ltd. (WIT) to Reduce

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Wipro (WIT) Misses Q2 EPS by 1c; Guides Q3 Revenue Below Consensus

October 21, 2016 9:20 AM EDT

Wipro (NYSE: WIT) reported Q2 EPS of $0.13, $0.01 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.03 billion.

GUIDANCE:

Wipro sees Q3 2017 revenue of $1.916-1.955 billion, versus the consensus of $2.06... More