Tata Consultancy Services Expected to Post Higher Third-Quarter Net Profit -- Earnings Preview

Dow Jones01-08 17:00

By Kosaku Narioka

Tata Consultancy Services is scheduled to report its third-quarter results on Thursday. Here is what you need to know:

NET PROFIT: Tata Consultancy Services is expected to post a 12% increase in net profit to 123.95 billion rupees, equivalent to $1.44 billion, for the three months ended Dec. 31, according to a poll of analysts by LSEG. That would compare with 110.58 billion rupees in the year-earlier period.

REVENUE: Third-quarter revenue is estimated to have risen 6.3% to 644.07 billion rupees, according to the LSEG poll.

The stock has fallen 1.7% so far this year, ending at 4,028.2 rupees on Tuesday, following an 8.5% increase in 2024.

WHAT TO WATCH:

--Second-quarter profit from its banking, financial services and insurance segment climbed 8.3% from a year earlier to 63.45 billion rupees. Investors will be focusing on the performance of its largest client segment.

--Investors will be also watching closely any dividends the company plans to pay. Tata Consultancy has said the board will consider a payout of an interim dividend on Thursday. The company announced a dividend of 10 rupees a share in October.

--Its workforce stood at 612,724 at the end of September, increasing by 5,726 from the end of June. Investors will be paying attention to any further headcount growth following a decline earlier in 2024.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

January 08, 2025 04:00 ET (09:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2501865748?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-08 17:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2501865748","market":"sg","top_or_hot":-1,"title":"Tata Consultancy Services Expected to Post Higher Third-Quarter Net Profit -- Earnings Preview","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kosaku Narioka \n</p>\n<pre>\n \n</pre>\n<p>\n  Tata Consultancy Services is scheduled to report its third-quarter results on Thursday. Here is what you need to know: \n</p>\n<pre>\n \n</pre>\n<p>\n  NET PROFIT: Tata Consultancy Services is expected to post a 12% increase in net profit to 123.95 billion rupees, equivalent to $1.44 billion, for the three months ended Dec. 31, according to a poll of analysts by LSEG. That would compare with 110.58 billion rupees in the year-earlier period. \n</p>\n<p>\n  REVENUE: Third-quarter revenue is estimated to have risen 6.3% to 644.07 billion rupees, according to the LSEG poll. \n</p>\n<p>\n  The stock has fallen 1.7% so far this year, ending at 4,028.2 rupees on Tuesday, following an 8.5% increase in 2024. \n</p>\n<pre>\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --Second-quarter profit from its banking, financial services and insurance segment climbed 8.3% from a year earlier to 63.45 billion rupees. Investors will be focusing on the performance of its largest client segment. \n</p>\n<p>\n  --Investors will be also watching closely any dividends the company plans to pay. Tata Consultancy has said the board will consider a payout of an interim dividend on Thursday. The company announced a dividend of 10 rupees a share in October. \n</p>\n<p>\n  --Its workforce stood at 612,724 at the end of September, increasing by 5,726 from the end of June. Investors will be paying attention to any further headcount growth following a decline earlier in 2024. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2025 04:00 ET (09:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tata Consultancy Services Expected to Post Higher Third-Quarter Net Profit -- Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTata Consultancy Services Expected to Post Higher Third-Quarter Net Profit -- Earnings Preview\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-08 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Kosaku Narioka \n\n\n \n\n\n  Tata Consultancy Services is scheduled to report its third-quarter results on Thursday. Here is what you need to know: \n\n\n \n\n\n  NET PROFIT: Tata Consultancy Services is ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501865748","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501865748","pubTimestamp":1736326800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tata Consultancy Services is scheduled to report its third-quarter results on Thursday. Here is what you need to know:. NET PROFIT: Tata Consultancy Services is expected to post a 12% increase in net profit to 123.95 billion rupees, equivalent to $1.44 billion, for the three months ended Dec. 31, according to a poll of analysts by LSEG. That would compare with 110.58 billion rupees in the year-earlier period.REVENUE: Third-quarter revenue is estimated to have risen 6.3% to 644.07 billion rupees, according to the LSEG poll.The stock has fallen 1.7% so far this year, ending at 4,028.2 rupees on Tuesday, following an 8.5% increase in 2024.--Second-quarter profit from its banking, financial services and insurance segment climbed 8.3% from a year earlier to 63.45 billion rupees. Investors will be focusing on the performance of its largest client segment.--Investors will be also watching closely any dividends the company plans to pay. Tata Consultancy has said the board will consider a payou","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"塔塔咨询服务预计第三季度净利润将更高——盈利预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1},"content_text":"By Kosaku Narioka \n\n\n \n\n\n  Tata Consultancy Services is scheduled to report its third-quarter results on Thursday. Here is what you need to know: \n\n\n \n\n\n  NET PROFIT: Tata Consultancy Services is expected to post a 12% increase in net profit to 123.95 billion rupees, equivalent to $1.44 billion, for the three months ended Dec. 31, according to a poll of analysts by LSEG. That would compare with 110.58 billion rupees in the year-earlier period. \n\n\n  REVENUE: Third-quarter revenue is estimated to have risen 6.3% to 644.07 billion rupees, according to the LSEG poll. \n\n\n  The stock has fallen 1.7% so far this year, ending at 4,028.2 rupees on Tuesday, following an 8.5% increase in 2024. \n\n\n \n\n\n  WHAT TO WATCH: \n\n\n  --Second-quarter profit from its banking, financial services and insurance segment climbed 8.3% from a year earlier to 63.45 billion rupees. Investors will be focusing on the performance of its largest client segment. \n\n\n  --Investors will be also watching closely any dividends the company plans to pay. Tata Consultancy has said the board will consider a payout of an interim dividend on Thursday. The company announced a dividend of 10 rupees a share in October. \n\n\n  --Its workforce stood at 612,724 at the end of September, increasing by 5,726 from the end of June. Investors will be paying attention to any further headcount growth following a decline earlier in 2024. \n\n\n \n\n\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 08, 2025 04:00 ET (09:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.0","shortVersion":"4.30.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501865748"}