The second quarter financial results of Wipro (NYSE: WIT) will be revealed on Thursday 17th October 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.
According to the forecasts of financial experts on Wall Street, the enterprise is expected to reveal an anticipated $0.07 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $2.67 billion.
During the same quarter of the previous year, the company made public its income of $0.06 per share, which were derived from a quarterly revenue of $2.71 billion.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $10.8 billion. Additionally, they predict that the earnings per share for the company will hit profit of $0.27 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $0.07 | +16.7% | 2.64 B | -5.2% |
| Q4 2024 | $0.07 | 0% | 2.67 B | -5.6% |
| Q3 2024 | $0.06 | -14.3% | 2.67 B | -5.0% |
| Q2 2024 | $0.06 | 0% | 2.71 B | -2.2% |
| Q1 2024 | $0.06 | 0% | 2.78 B | +2.1% |
| *Growth on year-over-year basis | ||||
WIT has scheduled a conference call on 17th October 2024 at 09:30 AM eastern time to discuss the second quarter financial results and other related information.
Wipro (WIT) shares traded as low as $6.39 and as high as $6.46 on a day volume of 2.00 million shares, closed Wednesday's regular trading session at $6.42, a rise of 0.63 percent.
