Infosys operating profit may lag estimates: StarMine

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Infosys to report an operating profit of 28.93 billion rupees for the quarter compared with a consensus mean estimate of 29.94 billion rupees.

July 09, 2013 / 18:00 IST

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Infosys Ltd may miss April-June operating profit consensus forecast when it reports results on Friday, according to Thomson Reuters StarMine data.

Also read: What Nomura expects from Infosys, Wipro, TCS, HCL Tech Q1

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Infosys to report an operating profit of 28.93 billion rupees for the quarter compared with a consensus mean estimate of 29.94 billion rupees.

Shares in Infosys are up 1.1 percent at 0811 GMT.

first published: Jul 9, 2013 03:55 pm

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