Infosys: Will it meet street expectations?
Infosys, India’s second largest information technology (IT) services company, is set to announce its third quarter (Q3) earnings for FY13 on January 11. It is widely believed that the company’s financial performance would fail to meet Street expectations. The company is also expected to revise its already conservative annual revenue growth forecast of five per cent downward, despite the revenue it accrues from its recent acquisition, Lodestone. Here are some key takeaways from recent reports on the company’s expected Q3 performance by some brokerage firms … (Click on graphic)
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