Wipro (WIT) Expected to Release Quarterly Earnings on Thursday

Key Points

• Wipro is expected to report quarterly results before the market opens Thursday, October 15, 2026. Analysts forecast earnings of $0.04 per share and revenue of approximately $2.58 billion.
• In its previous quarter, Wipro posted EPS of $0.03, matching consensus, while revenue of $2.58 billion came in below the $2.60 billion estimate.
• Analyst sentiment is strongly negative: recent firms downgraded the stock, and MarketBeat reports a consensus “Strong Sell” rating with a $1.70 price target.

Wipro (NYSE:WIT - Get Free Report) is anticipated to announce its Q2 26/27 (Media) results before the market opens on Thursday, October 15th. Analysts expect the company to post earnings of $0.04 per share and revenue of $2.5835 billion for the quarter. Investors may review the information on the company's upcoming Q2 26/27 (Media) earning report for the latest details on the call scheduled for Thursday, October 15, 2026 at 7:00 AM ET.

Wipro (NYSE:WIT - Get Free Report) last released its quarterly earnings results on Friday, July 17th. The information technology services provider reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. Wipro had a net margin of 13.93% and a return on equity of 15.40%. The company had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.60 billion. On average, analysts expect Wipro to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Wipro Price Performance

Shares of WIT opened at $1.68 on Thursday. Wipro has a one year low of $1.59 and a one year high of $3.09. The company has a 50-day simple moving average of $1.81 and a two-hundred day simple moving average of $1.98. The firm has a market capitalization of $16.57 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 3.83 and a beta of 0.97.

Analyst Ratings Changes

Several brokerages have recently issued reports on WIT. Weiss Ratings lowered Wipro from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday, October 2nd. JPMorgan Chase & Co. lowered Wipro from a "neutral" rating to an "underweight" rating and dropped their price target for the company from $2.20 to $1.70 in a research report on Wednesday, June 24th. Finally, CLSA cut Wipro from a "hold" rating to an "underperform" rating in a research note on Wednesday, August 19th. Four research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of "Strong Sell" and a consensus target price of $1.70.

About Wipro

Wipro Limited NYSE: WIT is an India-based technology services and consulting company that helps businesses modernize operations, develop digital products and manage technology infrastructure. Its services include consulting, application development and management, cloud computing, cybersecurity, data and analytics, artificial intelligence, engineering, and business process services.

The company serves clients across industries including financial services, healthcare, consumer and retail, communications, energy, manufacturing, and technology.

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