Factors to Note Ahead of Infosys’ (INFY) Q3 Earnings Release

Factors to Note Ahead of Infosys' (INFY) Q3 Earnings Release
This story originally appeared on Zacks

Infosys Limited INFY is slated to report third-quarter fiscal 2022 results on Jan 12.

Factors to Note Ahead of Infosys' (INFY) Q3 Earnings Release – Zacks

Over the trailing four quarters, the company’s earnings beat the Zacks Consensus Estimate once and met the same on other three occasions, the average beat being 3.3%.

In the last reported quarter, Infosys’ adjusted earnings of 17 cents per share met the Zacks Consensus Estimate and grew 13.3% year over year. Revenues of $4 billion jumped 20.7% year over year and surpassed the Zacks Consensus Estimate of $3.93 billion.

The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $4.08 billion, suggesting a 16% increase from the year-ago period. The consensus mark for earnings stands at 17 cents per share, flat compared with the year-ago quarter.

Let’s see how things have shaped up prior to this announcement.

Factors Likely to…

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