ExlService Holdings (EXLS) Tops Q3 Earnings and Revenue Estimates

Company Performance - ExlService Holdings reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, and up from $0.37 per share a year ago, representing an earnings surprise of 7.32% [1] - The company posted revenues of $472.07 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.18%, and an increase from $410.97 million year-over-year [2] - Over the last four quarters, ExlService Holdings has consistently surpassed consensus EPS and revenue estimates [2] Stock Performance - ExlService Holdings shares have increased approximately 25.6% since the beginning of the year, outperforming the S&P 500's gain of 22.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $473.43 million, and for the current fiscal year, it is $1.62 on revenues of $1.82 billion [7] Industry Outlook - The Outsourcing industry, to which ExlService Holdings belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of ExlService Holdings may be influenced by the overall outlook for the industry, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]