Infosys Gears Up For Q2 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Infosys Limited (NYSE:INFY) is set to release its Q2 2024 financial results on Oct. 12, 2023. Analysts predict earnings of 18 cents per share, matching the previous year's earnings, and a slight increase in revenue to $4.61 billion from $4.54 billion. Infosys shares fell 1.3% to close at $17.61 on Wednesday. Recent analyst ratings have varied, with price targets ranging from $13 to $22.
October 12, 2023 | 7:45 am
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Infosys is expected to release its Q2 2024 results soon. Analysts predict stable earnings and a slight increase in revenue. The stock recently fell 1.3%, and analyst price targets vary widely.
The upcoming earnings release is a significant event for Infosys. Analysts' predictions of stable earnings and a slight revenue increase suggest a steady performance. However, the recent 1.3% fall in the stock and the wide range of analyst price targets indicate uncertainty in the market, which could lead to volatility in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100