Infosys Ltd INFY.N, INFY.K is expected to show a rise in quarterly revenue when it reports results on January 15 for the period ending December 31 2024
The Bangalore Karnataka-based company is expected to report a 4.8% increase in revenue to $4.886 billion from $4.66 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.
LSEG's mean analyst estimate for Infosys Ltd is for earnings of 19 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
Wall Street's median 12-month price target for Infosys Ltd is $25.04, above its last closing price of $22.70.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.19 | 0.19 | 0.19 | Met | -0.6 |
Jun. 30 2024 | 0.18 | 0.18 | 0.18 | Met | -0.4 |
Mar. 31 2024 | 0.18 | 0.18 | 0.23 | Beat | 28.2 |
Dec. 31 2023 | 0.18 | 0.18 | 0.18 | Met | 1.3 |
Sep. 30 2023 | 0.18 | 0.18 | 0.18 | Met | -0.5 |
Jun. 30 2023 | 0.18 | 0.18 | 0.17 | Missed | -4.1 |
Mar. 31 2023 | 0.19 | 0.19 | 0.18 | Missed | -7.2 |
Dec. 31 2022 | 0.18 | 0.19 | 0.19 | Met | 0 |
This summary was machine generated January 13 at 10:17 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)