Wipro Q2 GAAP EPS $0.07, Inline, Sales $2.66B Miss $2.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Wipro reported Q2 earnings per share of $0.07, meeting analyst expectations, but its sales of $2.66 billion slightly missed the $2.67 billion estimate, marking a 1.73% decrease from the previous year.
October 17, 2024 | 10:42 am
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Wipro's Q2 earnings per share met expectations, but sales slightly missed estimates, showing a year-over-year decline.
Wipro's earnings per share met expectations, which is neutral for the stock. However, the slight miss in sales and the year-over-year decline could be seen as a negative, but not significantly impactful in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100