Workflow
Genpact (G) Reports Next Week: Wall Street Expects Earnings Growth
GGenpact(G) ZACKS·2024-10-31 15:07

Core Viewpoint - Genpact is anticipated to report a year-over-year increase in earnings driven by higher revenues for the quarter ended September 2024, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on November 7, with a consensus EPS estimate of 0.80pershare,reflectingayearoveryearchangeof+5.30.80 per share, reflecting a year-over-year change of +5.3%. Revenues are projected to be 1.19 billion, an increase of 4.5% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 0.54% lower over the last 30 days, indicating a reassessment by analysts regarding the company's earnings outlook [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Genpact is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.04%, suggesting a bullish sentiment among analysts [10]. Historical Performance - Genpact has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a surprise of +8.22% in the most recent quarter [11][12]. Investment Considerations - While Genpact is viewed as a strong candidate for an earnings beat, investors are advised to consider other factors that may influence stock performance beyond just earnings results [15].