Infosys Q4 EPS $0.23 Beats $0.17 Estimate, Sales $4.56B Beat $4.52B Estimate
Portfolio Pulse from Benzinga Newsdesk
Infosys (NYSE:INFY) reported Q4 earnings of $0.23 per share, surpassing the $0.17 estimate, marking a 27.78% increase from last year. Sales reached $4.56B, slightly above the $4.52B estimate, showing a 0.22% year-over-year growth.
April 18, 2024 | 11:30 am
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Infosys reported a significant beat on both earnings per share and sales estimates for Q4, indicating strong financial performance.
The substantial beat on both earnings per share and sales estimates for Infosys suggests a strong financial performance, which is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100