Genpact Limited. (G) reported that its first-quarter net income attributable to shareholders increased to $46.7 million or $0.20 per share, from $38.5 million or $0.17 per share in the comparable quarter last year.
Adjusted income from operations was $54.4 million, up from $47.1 million in the year-ago quarter. Adjusted earnings for the latest first quarter dropped to $0.23 per share from $0.21 per share in the prior year quarter.
On average, eleven analysts polled by Thomson Reuters expected the company to report earnings of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.
Meanwhile, revenues climbed to $503.84 million from $435.47 million in the prior year, while nine analysts had consensus revenue estimate of $493.87 million for the quarter.
The company expects full-year 2013 revenues to be in a range of $2.15 billion to $2.20 billion, and adjusted operating income margin in a range of 15.8% - 16.3%. Eleven analysts have a consensus revenue estimate of $2.18 billion for fiscal 2013.
For comments and feedback: editorial@rttnews.com