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Wipro (NYSE:WIT) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Wipro (NYSE:WIT – Get Free Report) announced its quarterly earnings results on Wednesday. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01), MarketWatch Earnings reports. Wipro had a net margin of 12.69% and a return on equity of 15.79%. The business had […]
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Wipro (NYSE:WIT) vs. Jack Henry & Associates (NASDAQ:JKHY) Head-To-Head Contrast

Wipro (NYSE:WIT – Get Free Report) and Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) are both large-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends and valuation. Insider and Institutional Ownership […]
United States Wipro Cybertransform Jack Henry Associates Security Solutions It Services Jack Henry Associates Inc

Wipro stock outlook: Top brokerages dub Wipro's Q2 earnings as disappointing. Should you buy, sell or hold the stock?

Top brokerages have expressed reservations on Wipro stock following the companys lower-than-expected earnings and bleak Q3 guidance. Citi recommended selling the stock and reduced the price target, while BofA maintained an Underperform view. Nuvama lowered its price target but maintained a Hold rating. Wipro reported a net profit of Rs 2,667.3 crore for the September quarter, up 0.70% YoY.
United States Motilal Oswal It Services Wipro Stock Outlook Wipro Q2 Earnings Wipro Q3 Guidance

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