TDCX (NYSE:TDCX) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS

TDCX (NYSE:TDCX – Get Rating) announced its earnings results on Wednesday. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.05), MarketWatch Earnings reports. TDCX updated its FY 2022 guidance to EPS.

Shares of TDCX stock opened at $12.15 on Thursday. The company has a quick ratio of 5.84, a current ratio of 5.84 and a debt-to-equity ratio of 0.05. TDCX has a fifty-two week low of $9.51 and a fifty-two week high of $30.00. The stock’s 50-day moving average is $12.72 and its two-hundred day moving average is $15.31.

Separately, HSBC reduced their price objective on TDCX from $17.50 to $16.50 in a research note on Wednesday.

Hedge funds and other institutional investors have recently modified their holdings of the company. Citigroup Inc. acquired a new position in shares of TDCX during the 1st quarter valued at about $83,000. BlackRock Inc. bought a new position in TDCX in the 4th quarter worth approximately $383,000. Brinker Capital Investments LLC acquired a new position in shares of TDCX during the first quarter worth approximately $529,000. Acadian Asset Management LLC bought a new stake in shares of TDCX in the first quarter valued at approximately $585,000. Finally, Renaissance Technologies LLC bought a new position in TDCX during the fourth quarter worth $709,000.

About TDCX (Get Rating)

TDCX Inc, together with its subsidiaries, provides outsource contact center services for technology and other blue-chip companies in Singapore, Malaysia, Thailand, the Philippines, Japan, China, Spain, India, Colombia, South Korea, and Romania. It offers digital customer experience solutions, including after-sales service and customer support across various industry verticals, such as travel and hospitality, digital advertising and media, fast-moving consumer goods, technology, financial services, fintech, government and non-governmental organizations, gaming, e-commerce, and education.

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