Infosys (INFY) Expected to Announce Quarterly Earnings on Thursday

Infosys (NYSE:INFY - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $420.69 billion for the quarter. Infosys has set its FY 2025 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

Infosys (NYSE:INFY - Get Free Report) last announced its earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.19. Infosys had a net margin of 17.28% and a return on equity of 31.60%. During the same quarter in the previous year, the company posted $0.18 earnings per share. On average, analysts expect Infosys to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Infosys Trading Up 0.1 %

INFY stock traded up $0.02 during trading on Tuesday, hitting $17.03. 16,825,728 shares of the stock traded hands, compared to its average volume of 9,704,173. The stock has a market cap of $70.52 billion, a price-to-earnings ratio of 21.55, a P/E/G ratio of 3.50 and a beta of 0.97. Infosys has a one year low of $16.04 and a one year high of $23.63. The company has a 50 day simple moving average of $19.19 and a 200 day simple moving average of $21.22.

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Analysts Set New Price Targets

Several research analysts have recently commented on INFY shares. StockNews.com downgraded Infosys from a "buy" rating to a "hold" rating in a report on Tuesday. Guggenheim restated a "neutral" rating on shares of Infosys in a report on Friday, January 17th. CLSA raised Infosys from a "hold" rating to an "outperform" rating in a report on Friday, March 7th. Susquehanna raised shares of Infosys from a "negative" rating to a "neutral" rating and set a $17.00 price objective on the stock in a report on Monday. Finally, Stifel Nicolaus dropped their target price on shares of Infosys from $22.00 to $18.00 and set a "hold" rating for the company in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Infosys presently has a consensus rating of "Hold" and an average target price of $20.03.

Infosys Company Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.