05.05.2014 22:28:49
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Genpact Q1 Profit Rises - Quick Facts
(RTTNews) - Genpact Limited (G) reported that its first-quarter net income attributable to shareholders increased to $50.6 million, from $46.7 million, last year. Earnings per share were $0.21, compared to $0.20. Adjusted earnings per share were $0.24, for the quarter.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.23 for the quarter. Analysts' estimates typically exclude special items.
Revenues were $528.2 million, up 4.8% from $503.8 million in the first quarter of 2013. Revenues from Global Clients were up 7.1%, and business process management revenues from Global Clients were up 6.2%. Analysts expected revenue of $527.07 million for the quarter.
Genpact continues to expect 2014 revenues of $2.22 billion to $2.26 billion and adjusted income from operations margin in a range of 15.0%-15.5%. The company noted that its guidance excludes recent agreement to acquire Pharmalink Consulting.
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