WNS Q1 revenue beats estimates, profit misses

Reuters
Jul 24
WNS Q1 revenue beats estimates, profit misses

Overview

  • WNS, which is being bought by Capgemini, posts fiscal Q1 revenue grows 9.5% yr/yr, beating analyst expectations

  • Profit after tax and operating income missed analyst estimates, per LSEG data

Outlook

  • WNS declines to provide fiscal year 2026 guidance due to Capgemini acquisition

Result Drivers

  • NEW CLIENTS - Revenue growth driven by new client additions and expansion of existing relationships

  • ACQUISITION IMPACT - Acquisition of Kipi.ai contributed to revenue growth, offsetting some headwinds

  • CURRENCY MOVEMENTS - Favorable currency movements supported revenue, partially offsetting losses from a large Healthcare client

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Beat

$353.80 mln

$328.10 mln (8 Analysts)

Q1 Profit after Tax

Miss

$21.80 mln

$43 mln (7 Analysts)

Q1 Operating Income

Miss

$33.10 mln

$53.70 mln (7 Analysts)

Q1 Pretax Profit

Miss

$32.20 mln

$50.80 mln (4 Analysts)

Q1 Gross Profit

$116.60 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the business support services peer group is "buy."

  • Wall Street's median 12-month price target for WNS (Holdings) Ltd is $76.50, about 2.4% above its July 23 closing price of $74.69

  • The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw8rRBG3a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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