Investing.com - Wipro ADR reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Wipro ADR announced earnings per share of ₹0.06 on revenue of ₹2.10B. Analysts polled by Investing.com anticipated EPS of ₹0.06 on revenue of ₹2.06B.
Wipro ADR shares are up 44.27% from the beginning of the year and are trading at ₹5.41 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Wipro ADR follows other major Technology sector earnings this month
Wipro ADR's report follows an earnings beat by Adobe on Tuesday, September 15, 2020, who reported EPS of ₹2.57 on revenue of ₹3.23B, compared to forecasts EPS of ₹2.41 on revenue of ₹3.16B.
Accenture had missed expectations on Thursday, September 24, 2020 with fourth quarter EPS of ₹1.7 on revenue of ₹10.84B, compared to forecast for EPS of ₹1.73 on revenue of ₹10.93B.
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