Infosys (NYSE:INFY) Releases Earnings Results, Beats Expectations By $0.01 EPS

Infosys (NYSE:INFY - Get Free Report) posted its quarterly earnings results on Thursday. The technology company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.01, RTT News reports. Infosys had a return on equity of 31.60% and a net margin of 17.28%. The company had revenue of $4.79 billion for the quarter, compared to analysts' expectations of $420.69 billion. During the same period in the previous year, the firm earned $0.23 EPS. Infosys updated its FY 2026 guidance to EPS.

Infosys Stock Performance

INFY stock traded down $0.44 during midday trading on Friday, reaching $16.14. 20,714,101 shares of the company traded hands, compared to its average volume of 9,637,565. The firm has a market capitalization of $66.84 billion, a price-to-earnings ratio of 20.43, a P/E/G ratio of 3.50 and a beta of 0.97. The business has a 50 day moving average of $18.85 and a 200-day moving average of $21.10. Infosys has a 52-week low of $15.82 and a 52-week high of $23.63.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on INFY. StockNews.com downgraded shares of Infosys from a "buy" rating to a "hold" rating in a report on Tuesday, April 15th. Stifel Nicolaus cut their price objective on Infosys from $22.00 to $18.00 and set a "hold" rating for the company in a research report on Tuesday, April 15th. Guggenheim reiterated a "neutral" rating on shares of Infosys in a research report on Friday, January 17th. Investec upgraded Infosys from a "sell" rating to a "buy" rating in a report on Friday. Finally, Susquehanna raised Infosys from a "negative" rating to a "neutral" rating and set a $17.00 price objective on the stock in a research note on Monday, April 14th. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Infosys presently has an average rating of "Moderate Buy" and an average price target of $20.00.

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.