Genpact Analysts Boost Their Forecasts Following Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Genpact Limited (NYSE:G) reported better-than-expected Q2 earnings and raised its FY24 revenue and EPS guidance. The company posted earnings of 79 cents per share and sales of $1.18 billion, both surpassing analyst estimates. Following the strong performance, analysts have increased their price targets for Genpact. The stock rose 16.3% to $37.67.
August 09, 2024 | 6:02 pm
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POSITIVE IMPACT
Genpact Limited reported strong Q2 earnings, beating analyst estimates and raising FY24 guidance. Analysts have increased their price targets, and the stock rose 16.3%.
Genpact's better-than-expected earnings and raised guidance indicate strong financial health and future growth potential. The positive analyst revisions and significant stock price increase reflect market confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100