Earnings Preview For Wipro
Portfolio Pulse from Benzinga Insights
Wipro (NYSE:WIT) is set to release its latest quarterly earnings report on Wednesday, 2023-10-18. Analysts estimate an earnings per share (EPS) of $0.07. Last quarter, the company missed EPS by $0.01, followed by a 2.5% increase in share price. Wipro's shares were trading at $4.91 as of October 16, with an 8.41% increase over the last 52-week period.
October 17, 2023 | 2:01 pm
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Wipro is expected to report an EPS of $0.07 in its upcoming earnings report. The company's stock price increased by 2.5% after missing the EPS estimate last quarter.
The upcoming earnings report is a significant event for Wipro. Given that the company's stock price increased after missing the EPS estimate last quarter, it suggests that investors may have positive expectations for this earnings report. However, the actual impact will depend on the reported EPS and the company's guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100