Genpact (NYSE: G) shares experienced a significant surge of 5.34% in Thursday's trading session following the release of its impressive third-quarter earnings report. The global professional services firm not only beat analyst expectations but also raised its full-year guidance, fueling investor optimism.
The company reported third-quarter revenue of $1.291 billion, up 6.6% year-over-year and surpassing the consensus estimate of $1.266 billion. Adjusted earnings per share came in at $0.97, significantly beating the expected $0.90. Genpact's performance was driven by strong growth across its business segments, with Advanced Technology Solutions net revenues increasing by an impressive 20.0% to $311 million.
Looking ahead, Genpact raised its full-year 2025 outlook, now expecting net revenues in the range of $5.059 billion to $5.071 billion. The company also projects adjusted diluted earnings per share between $3.60 and $3.61 for the full year, up from the previous range of $3.51 to $3.58. This positive guidance, coupled with the strong Q3 results, appears to have fueled the significant stock price increase. As Genpact continues to demonstrate robust growth in its high-value services, particularly in the Data-Tech-AI segment, investors seem increasingly confident in the company's future prospects.