Investing.com - Wipro ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Wipro ADR announced earnings per share of ₹0.060 on revenue of ₹2.770. Analysts polled by Investing.com anticipated EPS of ₹0.064 on revenue of ₹2.79B.
Wipro ADR shares are down 51.33% from the beginning of the year and are trading at ₹4.750 , down-from-52-week-high.
Wipro ADR follows other major Information Technology sector earnings this month
Wipro ADR's report follows an earnings beat by Accenture on Thursday, September 22, 2022, who reported EPS of ₹2.6 on revenue of ₹15.42B, compared to forecasts EPS of ₹2.57 on revenue of ₹15.39B.
Adobe had beat expectations on Thursday, September 15, 2022 with third quarter EPS of ₹3.4 on revenue of ₹4.43B, compared to forecast for EPS of ₹3.35 on revenue of ₹4.44B.
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