Wipro (NYSE:WIT) is scheduled to release its earnings data before the market opens on Wednesday, July 15th. Analysts expect Wipro to post earnings of $0.05 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Wipro (NYSE:WIT) last issued its earnings results on Wednesday, April 15th. The information technology services provider reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.01). The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.18 billion. Wipro had a net margin of 15.95% and a return on equity of 17.57%. On average, analysts expect Wipro to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE WIT opened at $3.36 on Tuesday. The company has a quick ratio of 2.39, a current ratio of 2.40 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $3.27 and a two-hundred day simple moving average of $3.34. The firm has a market cap of $19.12 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 1.82 and a beta of 0.55. Wipro has a twelve month low of $2.52 and a twelve month high of $4.29.

A number of brokerages have weighed in on WIT. Jefferies Financial Group raised Wipro from an “underperform” rating to a “hold” rating in a research report on Wednesday, March 25th. Zacks Investment Research downgraded Wipro from a “buy” rating to a “hold” rating in a report on Saturday. Three equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $3.61.

About Wipro

Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. The company's IT Services segment offers a range of IT and IT-enabled services, including digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure services, analytics services, BPS, research and development services, and hardware and software design services to various enterprises.

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Earnings History for Wipro (NYSE:WIT)

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