Unlocking Q2 Potential of Infosys (INFY): Exploring Wall Street Estimates for Key Metrics

Core Insights - Infosys (INFY) is expected to report quarterly earnings of $0.20 per share, reflecting a 5.3% increase year-over-year [1] - Revenue forecasts for Infosys stand at $5.04 billion, indicating a 2.9% year-over-year growth [1] - The consensus EPS estimate has remained stable over the past 30 days, suggesting analysts have not altered their initial projections significantly [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions to stock performance [2] - Empirical studies indicate a strong correlation between earnings estimate trends and short-term stock price movements [2] Analyst Forecasts - Analysts project 'Employee Metrics - Software Professionals' to be 253,047, down from 300,774 in the same quarter last year [4] - The expected 'Utilization - Including trainees - Consolidated' is 83.4%, compared to 84.3% from the previous year [4] - 'Utilization - Excluding trainees - Consolidated' is anticipated to be 85.7%, slightly lower than last year's 85.9% [5] - The consensus for 'Employee Metrics - Sales & Support' is 14,622, down from 17,014 in the same quarter last year [5] Market Performance - Infosys shares have decreased by 0.8% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1.1% [5] - With a Zacks Rank of 4 (Sell), Infosys is expected to underperform the overall market in the near term [5]