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Genpact (G)
NYSE:G
Holding G?
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.86Last Year’s EPS
$0.82Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 3.53%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Positive
The earnings call conveyed a strong positive sentiment with significant revenue growth, advancements in AI solutions, and increased financial guidance. While the business environment remains stable without signs of significant expansion, execution and innovation are driving strong results.Company Guidance
In the Q3 2024 earnings call for Genpact Limited, the executives reported a strong quarter with revenue reaching $1.21 billion, marking a 7% year-over-year increase and surpassing their guidance range. Key financial metrics included a gross margin of 35.6% and an adjusted operating income margin of 17.6%, both of which exceeded expectations. Data-Tech-AI revenue grew by 9% year-over-year, significantly contributing to the quarter's success, while Digital Operations revenue saw a 5% increase. Genpact's execution on their 3+1 Framework, focusing on partnerships and comprehensive Data-Tech-AI solutions, has been pivotal in driving growth. The company raised its full-year revenue guidance to a 6% increase, with adjusted EPS expected to reach $3.24, reflecting an $0.08 rise at the midpoint due to robust year-to-date performance.Accelerating Revenue Growth
Revenue reached $1.21 billion, up 7% year-over-year, above the high end of guidance. Data-Tech-AI revenue grew 9% year-over-year, more than double the growth in the second quarter.
AI and Innovation Success
Genpact is on track to deliver 6% revenue growth in 2024, up from 2% in 2023. Approximately 130 GenAI solutions are in production, up more than 60% from the previous quarter.
Strong Financial Performance
Gross margin was 35.6% and adjusted operating income margin was 17.6%, both exceeding expectations. Adjusted EPS grew by 12% year-over-year.
Expansion in Partnerships and Client Base
21 new logos added, 3 large deals won in the quarter, and the number of clients generating more than $5 million in annual revenue grew to 188.
Raised Financial Guidance
Revenue guidance for the full year increased by 150 basis points at the midpoint, with 6% growth now expected. Adjusted EPS guide increased to $3.24 at the midpoint.
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G Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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G Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $41.67 | $45.78 | +9.86% |
| Aug 08, 2024 | $32.16 | $37.23 | +15.76% |
| May 09, 2024 | $31.67 | $32.81 | +3.60% |
| Feb 08, 2024 | $34.37 | $35.94 | +4.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Genpact (G) report earnings?
Genpact (G) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Genpact (G) earnings time?
Genpact (G) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is G EPS forecast?
G EPS forecast for the fiscal quarter 2024 (Q4) is $0.86.
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