Virtusa Co. (VRTU) Releases FY13 Earnings Guidance
Virtusa Co. (VRTU) updated its FY13 earnings guidance on Thursday. The company provided EPS guidance of $1.03-1.11 for the period. Virtusa also updated its Q3 guidance to $0.26-0.30 EPS.
On a related note, analysts at JPMorgan Chase upgraded shares of Virtusa from a neutral rating to an overweight rating in a research note to investors on Monday, August 13th.
Shares of Virtusa Co. (VRTU) traded up 0.76% during mid-day trading on Thursday, hitting $17.29. Virtusa Co. (VRTU) has a one year low of $11.23 and a one year high of $18.63. The company has a market cap of $440.4 million and a P/E ratio of 19.72.
Virtusa last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, analysts predict that Virtusa Co. (VRTU) will post $1.06 earnings per share for the current fiscal year.
Virtusa Corporation (Virtusa) is a global information technology services company. Virtusa uses an offshore delivery model to provide a range of information technology (IT) services, including IT consulting, technology implementation and application outsourcing.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.