ExlService Q4 EPS $0.50 Tops by 7.8%, Revenues Rise 12.8% to $542.6M
ExlService Holdings posted Q4 adjusted EPS of $0.50, exceeding consensus by 7.8%, up from $0.44 a year ago, and generated revenue of $542.6 million, a 12.8% year-over-year increase and 1.8% above estimates. Shares have fallen 32.8% this year despite four consecutive quarters of earnings surprises.
1. Q4 Earnings Performance
ExlService delivered adjusted EPS of $0.50 for the December quarter, beating the $0.46 consensus by 7.8% and improving from $0.44 a year earlier. Quarterly revenue reached $542.62 million, up 12.8% year-over-year and 1.8% above forecasts, marking the fourth straight quarter of consensus-beating results.
2. Year-to-Date Stock Performance
Despite the string of earnings surprises, ExlService shares have declined approximately 32.8% since January 1, underperforming the S&P 500’s flat performance. The disconnect suggests investors may be concerned about margin pressures, macro headwinds, or valuation reset.
3. Outlook and Analyst View
Consensus for Q1 calls for $0.52 EPS on $553.3 million in revenue, and full-year estimates stand at $2.19 on $2.32 billion. The company holds a mid-range market view with an industry ranking in the top 38%, and near-term stock movement will hinge on management’s commentary and any revisions to earnings forecasts.