Tdcx Inc Reports Results For The Quarter Ended In September: Earnings Summary

TDCX

21/11/2023 23:39

* TDCX Inc  TDCX.N  reported quarterly adjusted earnings of
22
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 14 cents.  The mean expectation of two analysts for the
quarter was for earnings of 21 cents per share. Wall Street
expected results to range from 19 cents to 23 cents per share.
    * Revenue fell 5.4% to S$163.49 million from a year ago;
analysts
expected S$167.52 million. 
    * TDCX Inc's reported EPS for the quarter was 22 cents​.
    * TDCX Inc shares had fallen by 18.6% this quarter and
lost 61.1%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for TDCX Inc is $7.40
This summary was machine generated from LSEG data November 21 at
11:38 p.m. UTC. ​All figures in Singapore dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.21           0.22           Beat
 Jun. 30 2023      0.21           0.20           Missed
 Mar. 31 2023      0.20           0.19           Missed
 Dec. 31 2022      0.19           0.17           Missed