Genpact Q2 Profit Rises; Backs FY13 Outlook

(RTTNews) - Genpact Limited. (G) reported that its second-quarter net income attributable to shareholders increased to $63.9 million, from $61.1 million in the year-ago quarter. Earnings per share for the latest second quarter was $0.27, same as last year.

Adjusted income from operations was $89.2 million, up 14.6% from $77.8 million in the comparable quarter last year. Adjusted earnings for the latest second quarter were $0.32 per share, same as last year.

On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total net revenues rose 14.4% to $534.80 million from $467.63 million in the prior year, while eight analysts had consensus revenue estimate of $534.24 million for the quarter.

The company expects full-year 2013 revenues to be in the lower half of its range of $2.15 billion to $2.20 billion, and continues to expect adjusted operating income margin in a range of 15.8% - 16.3%. Eleven analysts have a consensus revenue estimate of $2.19 billion for fiscal 2013.