Infosys (NYSE:INFY – Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18, RTT News reports. The business had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.67 billion. Infosys had a return on equity of 32.33% and a net margin of 17.06%. During the same quarter in the prior year, the firm posted $0.17 earnings per share. Infosys updated its FY 2025 guidance to EPS.
Infosys Stock Performance
NYSE INFY traded down $0.62 during trading on Friday, hitting $21.63. The stock had a trading volume of 1,912,351 shares, compared to its average volume of 9,709,011. The company’s 50-day moving average price is $18.19 and its two-hundred day moving average price is $18.55. The company has a market capitalization of $89.55 billion, a PE ratio of 28.25, a P/E/G ratio of 3.80 and a beta of 0.98. Infosys has a 12 month low of $15.33 and a 12 month high of $22.61.
Infosys Cuts Dividend
The company also recently announced a semi-annual dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 31st were issued a dividend of $0.2035 per share. This represents a yield of 1.4%. The ex-dividend date was Friday, May 31st. Infosys’s dividend payout ratio (DPR) is presently 38.16%.
Analyst Upgrades and Downgrades
View Our Latest Research Report on INFY
Infosys Company Profile
Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, metaverse, data analytics and AI, applied AI, generative AI, sustainability, blockchain, engineering, Internet of Things, enterprise agile DevOps, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud business, service experience transformation, energy transition, cyber security, and quality engineering solutions; Oracle, SAP, and Saleforce solutions; API economy and microservices; and Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies.
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