Genpact (G) Q2 Earnings and Revenues Surpass Estimates

Core Insights - Genpact reported quarterly earnings of $0.79 per share, exceeding the Zacks Consensus Estimate of$0.73 per share, and showing an increase from $0.72 per share a year ago, representing an earnings surprise of 8.22$1.18 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.64% and up from $1.11 billion year-over-year [1] - Genpact has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [1] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$0.78 on revenues of $1.16 billion, while for the current fiscal year, the estimate is$3.04 on revenues of $4.61 billion [4] - The estimate revisions trend for Genpact is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Industry Context - The Outsourcing industry, to which Genpact belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, which may negatively impact stock performance [5] - The performance of Genpact's stock may also be influenced by the broader industry outlook and trends in earnings estimate revisions [3][5]