Why Genpact Stock Raced Nearly 16% Higher Today
Business process management company Genpact Limited (NYSE: G) managed to post a solid quarterly earnings report on Friday, and was handsomely rewarded by the stock market for doing so. The company's shares ended up closing almost 16% higher in price as a result, a far better showing than the S 500 index's 0.1% bump higher on the day.
Genpact began Friday by issuing its third-quarter earnings release, which revealed that its net revenue for the frame was slightly over $1.29 billion.
Image source: Getty Images.
Source Fool.com
Genpact Ltd Aktie
32,14 €
1,27 %
Genpact Ltd wird von der Community leicht favorisiert: Mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Genpact Ltd von 44 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 32.14 €.
