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WNS Shares Fall After Downbeat Fiscal 2025 Revenue Outlook, CFO Appointment
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WNS Shares Fall After Downbeat Fiscal 2025 Revenue Outlook, CFO Appointment
Apr 25, 2024 8:52 AM

11:22 AM EDT, 04/25/2024 (MT Newswires) -- WNS (WNS) shares were down more than 12% in recent Thursday trading after the company issued a downbeat fiscal 2025 revenue guidance and named a new chief financial officer.

The company reported fiscal Q4 adjusted earnings of $1.12 per diluted share, up from $1.04 per share a year earlier.

Analysts polled by Capital IQ expected $1.06.

Revenue less repair payments for the quarter ended March 31 rose to $325.9 million from $305 million a year earlier. Analysts surveyed by Capital IQ expected $324.5 million.

For fiscal 2025, the company expects adjusted EPS of $4.34 to $4.59 on revenue less repair payments of $1.29 billion to $1.36 billion. Analysts polled by Capital IQ expect normalized EPS of $4.53 on revenue of $1.37 billion.

Separately, WNS said it has appointed Arijit Sen as CFO, effective July 25, succeeding Sanjay Puria, who has decided to step down for family reasons. Sen serves as the company's corporate financial controller.

Price: 40.78, Change: -6.08, Percent Change: -12.97

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