Wipro WIT is set to give its latest quarterly earnings report on Thursday, 2024-10-17. Here's what investors need to know before the announcement.
Analysts estimate that Wipro will report an earnings per share (EPS) of $0.07.
Investors in Wipro are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
In the previous earnings release, the company missed EPS by $0.00, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Wipro's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.07 | 0.06 | 0.07 |
| EPS Actual | 0.07 | 0.07 | 0.06 | 0.06 |
| Price Change % | -12.0% | 2.0% | 17.0% | -1.0% |
Stock Performance
Shares of Wipro were trading at $6.38 as of October 15. Over the last 52-week period, shares are up 36.94%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Wipro visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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