VanceInfo Technologies Inc. (VIT) issued an update on its FY12 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.75-0.81 for the period. VanceInfo Technologies also updated its Q3 guidance to $0.18-0.20 EPS.

VanceInfo Technologies Inc. (VIT) traded up 4.19% on Wednesday, hitting $7.825. VanceInfo Technologies Inc. (VIT) has a 52-week low of $7.01 and a 52-week high of $14.28. The company has a market cap of $331.2 million and a price-to-earnings ratio of 20.98.

VanceInfo Technologies last posted its quarterly earnings results on Friday, August 10th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.01. The company’s revenue for the quarter was up 38.9% on a year-over-year basis. Analysts expect that VanceInfo Technologies Inc. (VIT) will post $0.78 EPS for the current fiscal year.

On a related note, analysts at Roth Capital downgraded shares of VanceInfo Technologies from a buy rating to a neutral rating in a research note to investors on Monday, August 13th.

VanceInfo Technologies Inc. is an information technology (IT) service provider and an offshore software development company in China.

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