Infosys Ltd Announces Rise In Q4 Bottom Line, but misses estimates

Infosys Ltd (INFY) reported a profit for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's earnings totaled $752 million, or $0.18 per share. This compares with $697 million, or $0.16 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.6% to $4.28 billion from $3.61 billion last year.

Infosys Ltd earnings at a glance (GAAP) :

-Earnings (Q4): $752 Mln. vs. $697 Mln. last year.
-EPS (Q4): $0.18 vs. $0.16 last year.
-Analyst Estimate: $0.19
-Revenue (Q4): $4.28 Bln vs. $3.61 Bln last year.

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