- Barrons.com•3 days ago
Shares of India's information technology giant Infosys (INFY) were down more than 5% in early trading Friday after the company reported quarterly earnings that were a penny ahead of expectations, but lowered its revenue guidance. Infosys sees revenue growth constant currency terms for the fiscal year of 8.4%-8.8%, which lowers to top of the range, which was 8%-9%, MarketWatch reports. Cowan analysts Bryan C. Bergin and Avishai Kantor provide the details on the latest reporting period, and what management said about anti-immigration sentiment in the United States should president-elect Donald J. Trump's administration curtail visas for specialized workers in IT and other areas: "Weaker revenue was more than offset by better operating margin via solid operational execution, driving ... EPS of $0.24, ahead of consensus/our $0.23 estimate.
- Financial Times•3 days ago
Indian outsourcing companies are bracing for Donald Trump's administration to clamp down on a controversial visa class that they have used heavily in their rapid US growth. Following earnings announcements ...
- Zacks•3 days ago
Despite contracted IT spending and anti-immigration rhetoric of president-elect Donald Trump, IT and outsourcing services behemoth, Infosys Ltd. (INFY) managed to top earnings estimates, giving investors a reason to celebrate.
INFY : Summary for Infosys Limited American Deposi - Yahoo Finance
Infosys Limited (INFY)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||14.20 - 14.86|
|52 Week Range||13.74 - 20.47|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||15.76|
|Dividend & Yield||0.38 (2.59%)|
|1y Target Est||N/A|