Infosys (INFY) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Analysts forecast Infosys (INFY) will report quarterly earnings of $0.19 per share, reflecting a year-over-year increase of 5.6% [1] - Expected revenues for the quarter are projected at $4.84 billion, indicating a 2.6% increase compared to the same quarter last year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 1.3%, indicating a collective reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics - Analysts estimate 'Employee Metrics - Software Professionals' will reach 256,265, down from 298,123 in the same quarter last year [5] - The expected 'Utilization - Including trainees - Consolidated' is projected at 82.8%, compared to 83.9% reported in the same quarter last year [5] - The consensus for 'Utilization - Excluding trainees - Consolidated' is 84.9%, down from 85.3% in the previous year [6] - The estimate for 'Employee Metrics - Sales & Support' stands at 14,344, compared to 17,209 a year ago [6] Stock Performance - Infosys shares have changed by +0.2% in the past month, while the Zacks S&P 500 composite has moved +5.4% [6] - With a Zacks Rank 2 (Buy), INFY is expected to outperform the overall market in the near term [6]