Infosys Technologies (INFY) Scheduled to Post Earnings on Friday
Infosys Technologies (NASDAQ:INFY) is scheduled to release its Q115 earnings data on Friday, July 11th. Analysts expect Infosys Technologies to post earnings of $0.76 per share and revenue of $2.13 billion for the quarter.
Infosys Technologies (NASDAQ:INFY) last released its earnings data on Tuesday, April 15th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.05. The company had revenue of $128.75 billion for the quarter, compared to the consensus estimate of $129.14 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The company’s revenue for the quarter was up 23.2% on a year-over-year basis. On average, analysts expect Infosys Technologies to post $3.29 EPS for the current fiscal year and $3.61 EPS for the next fiscal year.
Infosys Technologies (NASDAQ:INFY) opened at 55.03 on Thursday. Infosys Technologies has a one year low of $42.02 and a one year high of $63.20. The stock’s 50-day moving average is $53.20 and its 200-day moving average is $55.63. The company has a market cap of $31.444 billion and a price-to-earnings ratio of 18.15.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Infosys Technologies in a research note on Tuesday. They set a “hold” rating on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Infosys Technologies in a research note on Thursday, June 19th. They now have a $57.00 price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Infosys Technologies in a research note on Friday, April 25th. They set a “buy” rating and a $60.00 price target on the stock. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $60.67.
Infosys Limited (NASDAQ:INFY), formerly Infosys Technologies Limited, provides business consulting, technology, engineering and outsourcing services.
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