Market Overview

Infosys's Earnings Outlook

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Infosys (NYSE: INFY) releases its next round of earnings this Wednesday, October 14. Here is Benzinga's essential guide to Infosys's Q2 earnings report.

Earnings and Revenue

Wall Street expects EPS of $0.14 and sales around $3.24 billion. In the same quarter last year, Infosys posted EPS of $0.13 on sales of $3.21 billion. The Wall Street estimate would represent a 7.69% increase in the company's earnings. Sales would be up 0.93% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2019
EPS Estimate 0.12 0.14 0.14 0.14
EPS Actual 0.13 0.14 0.15 0.13
Revenue Estimate 2.94 B 3.25 B 3.24 B 3.19 B
Revenue Actual 3.12 B 3.20 B 3.24 B 3.21 B

Stock Performance

Over the last 52-week period, shares are up 48.54%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Infosys is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/infosys/mediaframe/41062/indexr.html

 

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