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Genpact: 4Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Genpact Ltd. (G) on Thursday reported fourth-quarter profit of $82.2 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 42 cents. Earnings, adjusted for one-time gains and costs, were 57 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The business process management services provider posted revenue of $940.7 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $911.8 million.

For the year, the company reported profit of $304.9 million, or $1.56 per share. Revenue was reported as $3.52 billion.

Genpact expects full-year earnings in the range of $2.24 to $2.28 per share, with revenue in the range of $3.89 billion to $3.95 billion.

Genpact shares have increased 6.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.93, a rise of 44% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on G at https://www.zacks.com/ap/G