Earnings Outlook For Infosys
Portfolio Pulse from Benzinga Insights
Infosys (NYSE:INFY) is scheduled to release its quarterly earnings report on Thursday, 2024-01-11, with analysts expecting an EPS of $0.18. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Infosys's stock price has shown varied reactions to earnings reports, with a slight increase after the last report despite meeting the EPS estimate. Over the past year, shares have declined by 1.2%, indicating a bearish sentiment among long-term shareholders.
January 10, 2024 | 2:00 pm
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Infosys is expected to report an EPS of $0.18 for the latest quarter. Historical data shows mixed stock reactions to earnings reports, with a slight increase after the last earnings release. Long-term shareholders may be bearish due to a 1.2% decline in share price over the past year.
The expected EPS of $0.18 is in line with previous quarters, suggesting a stable performance. However, the stock's reaction to earnings reports has been mixed, and the overall downward trend over the past year may temper any positive impact from meeting or exceeding the EPS estimate. The guidance provided will likely play a crucial role in the short-term stock movement.
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