Genpact Limited (NYSE:G) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, G is expected to report 3Q20 income of $ 0.49 per share from revenue of $ 903.84 million.
For the full year, analysts anticipate top line of $ 3659.55 million, while looking forward to income of $ 2.06 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,630.00 million ~ $ 3,670.00 million, where as bottomline are predicted in a range of $ 2.03 ~ $ 2.07 per share
Click Here For More Historical Outlooks Of Genpact Limited
Previous Quarter Performance
Genpact Limited came out with income for the second quarter of $ 0.52 per share, from the revenue of $ 900.09 million. The quarterly earnings improved 6.12 percent while revenues grew 2.07 percent compared with the same quarter last year.
According to street consensus, G was expected to report 2Q20 income of $ 0.34 per share from revenue of $ 838.12 million. The bottom line results beat street analysts by $ 0.18 or 52.94 percent, at the same time, top line results outshined analysts by $ 61.97 million or 7.39 percent.
Stock Performance
On Friday, shares of Genpact Limited has traded high as $ 34.63 and has cracked $ 33.91 on the downward trend, reaching $ 34.37 with volume of 885.40 thousand shares.
According to the previous trading day, closing price of $ 34.37, representing a 76.35 % increase from the 52 week low of $ 19.41 and a 24.27 % decrease over the 52 week high of $ 45.20.
The company has a market capital of $ 6.56 billion and is part of the Industrials sector and Business Services industry.
Recent Stock Dividend Announcement
On July 29, 2020, the board of directors authorized quarterly dividend of $ 0.0975 per share to holders of record as of the close of business on September 11, 2020, with payment date of September 23, 2020 and ex-dividend date on September 10, 2020.
Conference Call
Genpact Limited will be hosting a conference call at 4:30 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.genpact.com
Genpact Limited provides business process outsourcing and information technology (IT) services North and Latin America, India, rest of Asia, and Europe. Its finance and accounting services include accounts payable, such as document management, invoice processing, approval and resolution management, and travel and expense processing; invoice-to-cash services, including customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services comprising accounting, treasury, tax, product cost accounting, and closing and reporting services; enterprise performance management consisting of budgeting, forecasting, and business performance reporting; and enterprise risk and compliance services, including operational risks and controls. It also provides transformation services; core industry operation services; and sourcing and procurement services, such as direct and indirect strategic sourcing, category management, spend analytics, procurement operations, master data management, and other procurement and supply chain advisory services.
