Recap: Wipro Q1 Earnings

 

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.

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