Infosys (INFY) Expected to Announce Earnings on Thursday

Infosys (NYSE:INFY) is anticipated to announce its earnings results 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.Individual interested in registering for the company’s earnings conference call can do so using this link.

Infosys (NYSE:INFY) last announced its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. Infosys had a return on equity of 31.60% and a net margin of 17.28%. During the same quarter 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 Trading Up 0.7 %

NYSE INFY opened at $16.99 on Tuesday. The business has a fifty day simple moving average of $19.29 and a 200 day simple moving average of $21.25. Infosys has a 12 month low of $16.04 and a 12 month high of $23.63. The firm has a market capitalization of $70.37 billion, a P/E ratio of 21.51, a PEG ratio of 3.50 and a beta of 0.97.

Wall Street Analyst Weigh In

INFY has been the topic of a number of recent analyst reports. Susquehanna raised shares of Infosys from a “negative” rating to a “neutral” rating and set a $17.00 price target on the stock in a research report on Monday. StockNews.com raised shares of Infosys from a “hold” rating to a “buy” rating in a research report on Monday, April 7th. CLSA raised Infosys from a “hold” rating to an “outperform” rating in a report on Friday, March 7th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Infosys in a research report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.70.

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.