Infosys (INFY) Scheduled to Post Quarterly Earnings on Thursday

Infosys (NYSE:INFY) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 17th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Infosys has set its FY 2025 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Infosys (NYSE:INFY) last announced its quarterly earnings data on Thursday, July 18th. The technology company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.67 billion. Infosys had a net margin of 17.18% and a return on equity of 32.01%. During the same quarter last year, the firm posted $0.17 EPS. On average, analysts expect Infosys to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Infosys Trading Down 1.5 %

INFY stock opened at $23.01 on Wednesday. The firm has a market capitalization of $95.26 billion, a PE ratio of 30.28, a PEG ratio of 3.68 and a beta of 0.99. The business’s 50 day simple moving average is $22.58 and its 200 day simple moving average is $19.89. Infosys has a 1-year low of $16.04 and a 1-year high of $23.48.

Wall Street Analyst Weigh In

INFY has been the subject of several analyst reports. Investec cut Infosys from a “hold” rating to a “sell” rating in a report on Thursday, October 3rd. Erste Group Bank raised Infosys from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th. Macquarie raised Infosys from an “underperform” rating to a “neutral” rating in a report on Friday, July 19th. Finally, StockNews.com raised shares of Infosys from a “hold” rating to a “buy” rating in a research note on Monday, September 30th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Infosys presently has an average rating of “Hold” and an average target price of $19.68.

Infosys Company Profile

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, metaverse, data analytics and AI, applied AI, generative AI, sustainability, blockchain, engineering, Internet of Things, enterprise agile DevOps, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud business, service experience transformation, energy transition, cyber security, and quality engineering solutions; Oracle, SAP, and Saleforce solutions; API economy and microservices; and Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies.