Wipro WIT reported its Q1 earnings results on Wednesday, July 20, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Wipro missed estimated earnings by 25.0%, reporting an EPS of $0.06 versus an estimate of $0.08.
Revenue was up $268.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 5.43% drop in the share price the next day.
Here's a look at Wipro's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.08 | 0.08 | 0.07 | 0.07 |
EPS Actual | 0.07 | 0.07 | 0.07 | 0.08 |
Revenue Estimate | 2.80B | 2.68B | 2.57B | 2.31B |
Revenue Actual | 2.75B | 2.73B | 2.65B | 2.46B |
To track all earnings releases for Wipro visit their earnings calendar here.
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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