Genpact (NYSE: G) shares are soaring 8.23% in pre-market trading, building on the previous day's 5.34% gain, as investors react to the company's impressive third-quarter earnings report and upgraded full-year outlook. The global professional services firm not only surpassed analyst expectations but also raised its guidance for 2025, fueling optimism among shareholders.
In its Q3 report, Genpact posted revenue of $1.291 billion, marking a 6.6% year-over-year increase and exceeding the consensus estimate of $1.266 billion. Adjusted earnings per share came in at $0.97, significantly outperforming the expected $0.90. The company's Advanced Technology Solutions segment showed particularly strong growth, with net revenues surging 20.0% to $311 million.
Adding to the positive sentiment, Genpact raised its full-year 2025 guidance, now projecting net revenues between $5.059 billion and $5.071 billion, with adjusted diluted earnings per share expected to range from $3.60 to $3.61. This upward revision, coupled with recent Buy ratings from analysts at Needham and TD Cowen, with price targets of $53 and $55 respectively, appears to be driving the continued stock price appreciation. As Genpact demonstrates robust growth in its high-value services, particularly in the Data-Tech-AI segment, investors seem increasingly confident in the company's future prospects.