Infosys (INFY) Expected to Announce Quarterly Earnings on Thursday

Infosys (NYSE:INFY) is expected to post its quarterly earnings results before the market opens on Thursday, April 17th. Analysts expect Infosys to post earnings of $0.19 per share and revenue of $420.69 billion for the quarter. Infosys has set its FY 2025 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Infosys (NYSE:INFY) last posted its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. Infosys had a net margin of 17.28% and a return on equity of 31.60%. During the same period in the prior year, the company earned $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 Price Performance

INFY stock opened at $17.03 on Wednesday. The company’s 50-day moving average is $19.19 and its 200-day moving average is $21.22. The stock has a market capitalization of $70.52 billion, a PE ratio of 21.55, a price-to-earnings-growth ratio of 3.50 and a beta of 0.97. Infosys has a 1 year low of $16.04 and a 1 year high of $23.63.

Analyst Ratings Changes

Several research firms have recently commented on INFY. CLSA upgraded Infosys from a “hold” rating to an “outperform” rating in a report on Friday, March 7th. StockNews.com cut shares of 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. Susquehanna upgraded Infosys from a “negative” rating to a “neutral” rating and set a $17.00 price target for the company in a research note on Monday. Finally, Stifel Nicolaus dropped their target price on Infosys from $22.00 to $18.00 and set a “hold” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Infosys currently has an average rating of “Hold” and an average price target of $20.03.

About Infosys

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.