Actionable news
0
All posts from Actionable news
Actionable news in INFY: INFOSYS TECHNOLOGIES LIMITED AMERICAN DEPOSITARY SHARES,

What to Expect When Infosys (INFY) Reports Earnings on Monday

NEW YORK (TheStreet) -- Infosys (INFY - Get Report) is scheduled to report its financial results for the fiscal 2016 second quarter before the market open on Monday.

Analysts are expecting the company to post a year over year decline in earnings and a rise in revenue for the most recent quarter.

Infosys has been forecast to report earnings of 22 cents per share on revenue of $2.33 billion by analysts surveyed by Thomson Reuters.

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

Last year, the company reported earnings of 89 cents per share on revenue of $2.2 billion for the fiscal 2015 second quarter.

Infosys, based in Bengaluru, India, is engaged in consulting, technology, outsourcing and next-generation services.

Shares of the company are up by 0.37% to $19.23 in late morning trading on Friday.

Separately, TheStreet Ratings team rates INFOSYS LTD as a...


More