Infosys Ltd (500209) revealed a profit for third quarter that Decreased from last year but beat the Street estimates.
The company's earnings came in at $747 million, or $0.18 per share. This compares with $804 million, or $0.19 per share, last year.
Excluding items, Infosys Ltd reported adjusted earnings of $855 million or $0.21 per share for the period.
Analysts on average had expected the company to earn $0.20 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.2% to $5.099 billion from $4.939 billion last year.
Infosys Ltd earnings at a glance (GAAP) :
-Earnings: $747 Mln. vs. $804 Mln. last year.-EPS: $0.18 vs. $0.19 last year.-Revenue: $5.099 Bln vs. $4.939 Bln last year.
Looking ahead, for the full year, the company has revised up its revenue growth outlook. Infosys now anticipates revenue growth of 3% to 3.5%, compared with the earlier expectation of 2% to 3%.
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.