Data analytics and digital solutions company ExlService Holdings (NASDAQ: EXLS) will be announcing earnings results this Tuesday after the bell. Here’s what investors should know.
EXL beat analysts’ revenue expectations by 2% last quarter, reporting revenues of $501 million, up 14.8% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EPS estimates but a slight miss of analysts’ full-year EPS guidance estimates.
Is EXL a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting EXL’s revenue to grow 13% year on year to $506.5 million, improving from the 10.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.45 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. EXL has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.3% on average.
Looking at EXL’s peers in the data & business process services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. SS&C delivered year-on-year revenue growth of 5.9%, beating analysts’ expectations by 1.5%, and TransUnion reported revenues up 9.5%, topping estimates by 3.7%. SS&C traded up 2.6% following the results while TransUnion was also up 5%.
Read our full analysis of SS&C’s results here and TransUnion’s results here.
There has been positive sentiment among investors in the data & business process services segment, with share prices up 2.6% on average over the last month. EXL is down 1.8% during the same time and is heading into earnings with an average analyst price target of $54.12 (compared to the current share price of $43).
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