Genpact Limited (G) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.31 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.29. The company posted revenue of $609.70 million in the period, compared to analysts expectations of $612.44 million. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on Genpact Limited. Genpact Limited was Initiated by Sun Trust Rbsn Humphrey to “Buy” on Feb 18, 2016.
Genpact Limited closed down -0.06 points or -0.22% at $27.72 with 11,21,867 shares getting traded on Wednesday. Post opening the session at $27.63, the shares hit an intraday low of $27.4 and an intraday high of $27.79 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Apr 19, 2016, Victor Guaglianone (SVP & General Counsel) sold 10,000 shares at $27.80 per share price. According to the SEC, on Mar 9, 2016, Mohit Thukral (Senior Vice President) sold 10,000 shares at $26.80 per share price. On Mar 9, 2016, Arvinder Singh (Senior Vice President) sold 8,322 shares at $26.76 per share price, according to the Form-4 filing with the securities and exchange commission.
Genpact Limited (Genpact) designs transforms and runs intelligent business operations. The Companys smart enterprise processes (SEPSM) framework helps companies reimagine how they operate by integrating effective Systems of Engagement core information technology (IT) and Data-to-Action Analytics. The Company offers various services which include banking and financial services insurance services capital markets consumer product goods services life sciences and pharmaceutical services infrastructure and manufacturing services healthcare and high tech services. In addition to these services it also offers finance and accounting (F&A) services analytics and research business consulting services enterprise risk consulting re-engineering supply chain and procurement services enterprise application services IT management services and collections and customer services. Its solutions include Smart Enterprise Processes (SEP) and Genpact Digital.