Microsoft Corp MSFT:NASDAQ

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Virtusa's 2020, 2021, and Q2 Earnings Estimates Lowered

2:56AM ET 8/24/2019 MT Newswires
Virtusa Corp's (NASDAQ:VRTU, Recent Price: 36.99) earnings projections for Q2 ending September 30, 2019, and the expectations for 2020 and 2021 have been revised lower. The Q2 earnings estimate has been lowered to $0.53 per share a reduction from the previous consensus of $0.55 per share, while the estimate for 2020 has been lowered to $2.53 per share from the consensus of $2.56 per share and the full year 2021 estimate has also been reduced from $3.02 per share to $2.99 per share. There are currently 7 estimates used to compile the Q2 forecast and 7 available estimates included in the full year forecasts for both 2020 and 2021.