Wipro (NYSE:WIT) reported its Q2 earnings results on Wednesday, October 12, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Wipro missed estimated earnings by 14.29%, reporting an EPS of $0.06 versus an estimate of $0.07.
Revenue was up $118.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 2.76% increase in the share price the next day.
Here’s a look at Wipro’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.08 | 0.08 | 0.07 |
| EPS Actual | 0.06 | 0.07 | 0.07 | 0.07 |
| Revenue Estimate | 2.80B | 2.80B | 2.68B | 2.57B |
| Revenue Actual | 2.72B | 2.75B | 2.73B | 2.65B |
To track all earnings releases for Wipro visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
