01:28 PM EDT, 10/17/2024 (MT Newswires) -- (Updates with stock movement in the headline and first paragraph.)

WNS (WNS) shares fell more than 10% in recent trading Thursday after the company lowered its fiscal year guidance and reported a drop in fiscal Q2 sales.

The company said it now expects fiscal 2025 adjusted EPS of $4.13 to $4.35. This compares with its prior outlook of $4.42 to $4.68. Analysts polled by Capital IQ are looking for $4.51.

Meanwhile, the company reported fiscal Q2 adjusted earnings of $1.13 per diluted share, up from $1.10 a year earlier.

Analysts polled by Capital IQ expected $1.

Revenue for the quarter ended Sept. 30 was $322.6 million, down from $333.9 million a year earlier.

Price: 44.43, Change: -5.26, Percent Change: -10.59