By Connor Hart
WNS (Holdings) shares jumped after the company raised its adjusted earnings outlook for the year, as it beat revenue expectations in its fiscal third quarter.
The stock climbed 19%, to $58.97, in Thursday trading. Shares have gained 25% in 2025, though they are down 14% in the past 52 weeks.
The provider of global business process management technology now expects adjusted per-share earnings for its fiscal 2025, ending March 31, to be between $4.46 and $4.55. It had previously guided for $4.13 a share to $4.35 a share.
The company additionally narrowed its revenue less repair payments outlook to between $1.26 billion and $1.27 billion, from between $1.25 billion and $1.3 billion. Analysts polled by FactSet are projecting adjusted earnings of $4.32 on revenue of $1.27 billion.
For its three months ended Dec. 31, WNS reported a profit of $48.6 million, or $1.07 a share, compared with $41.5 million, or 85 cents a share, a year earlier.
Adjusted earnings came in at $1.04 a share, in line with analyst expectations, according to FactSet.
Revenue less repair payments rose 1% to $319.1 million, ahead of the $316.2 million that analysts polled by FactSet were expecting.
Chief Executive Keshav Murugesh attributed the company's top-line growth to demand for domain-led process automation and cost reduction, as well as the expansion of existing client relationships.
"We continue to make solid progress moving large transformational opportunities through the pipeline, and are focused on closing these large deals to help accelerate revenue growth," he said.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
January 23, 2025 14:24 ET (19:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。