WNS Shares Rise Following Higher FY25 Adjusted Earnings Outlook

Dow Jones
24 Jan
 

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)

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