Will Genpact (G) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Genpact is positioned well for potential earnings beats in upcoming reports, supported by a strong history of surpassing earnings estimates [1][2]. Group 1: Earnings Performance - Genpact has consistently exceeded earnings estimates, averaging a 7.01% beat over the last two quarters [1]. - In the last reported quarter, Genpact achieved earnings of $0.79 per share, surpassing the Zacks Consensus Estimate of$0.73 per share by 8.22% [1]. - For the previous quarter, the company reported earnings of $0.73 per share against an expected$0.69, resulting in a surprise of 5.80% [1]. Group 2: Earnings Estimates and Predictions - Recent changes in earnings estimates for Genpact have been favorable, with a positive Zacks Earnings ESP indicating a strong likelihood of an earnings beat [2]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [2]. - Genpact currently has an Earnings ESP of +1.04%, reflecting increased analyst optimism regarding its near-term earnings potential [3]. Group 3: Upcoming Earnings Report - The next earnings report for Genpact is anticipated to be released on November 7, 2024 [3].