Infosys Limited (NYSE:INFY) is reporting second quarter financial results on Wednesday 14th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, INFY is expected to report 2Q21 income of $ 0.14 per share from revenue of $ 3238.02 million.
For the full year, analysts anticipate top line of $ 13060.00 million, while looking forward to income of $ 0.55 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 12,780.00 million ~ $ 13,036.00 million
Click Here For More Historical Outlooks Of Infosys Limited
Previous Quarter Performance
Infosys Limited unfold income for the first quarter of $ 0.13 per share, from the revenue of $ 3,121.00 million. The quarterly revenues down 0.32 percent compared with the same quarter last year. The consensus estimates are income of $ 0.12 per share from $ 2938.71 million in revenue. The bottom line results beat street analysts by $ 0.01 or 8.33 percent, at the same time, top line results outshined analysts by $ 182.29 million or 6.20 percent.
Stock Performance
Shares of Infosys Limited traded up $ 0.17 or 1.09 percent on Tuesday, reaching $ 15.72 with volume of 14.29 million shares. Infosys Limited has traded high as $ 15.81 and has cracked $ 15.58 on the downward trend
According to the previous trading day, closing price of $ 15.72, representing a 130.03 % increase from the 52 week low of $ 6.76 and a 1.64 % decrease over the 52 week high of $ 15.81.
The company has a market capital of $ 66.04 billion and is part of the Technology sector and Information Technology Services industry.
Conference Call
Infosys Limited will be hosting a conference call at 8:30 AM eastern time on 14th October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.infosys.com
Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. The companys products and platforms include Finacle, a core banking solution; Edge suite of products; Infosys NIA – an artificial intelligence platform; McCamish – an insurance platform; Panaya; and Skava.
