Compared to Estimates, Infosys (INFY) Q2 Earnings: A Look at Key Metrics

For the quarter ended September 2024, Infosys (INFY) reported revenue of $4.89 billion, up 3.7% over the same period last year. EPS came in at $0.19, compared to $0.18 in the year-ago quarter.The reported revenue represents a surprise of +0.18% over the Zacks Consensus Estimate of $4.89 billion. With the consensus EPS estimate being $0.19, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Infosys performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Employee Metrics - Software Professionals: 300,774 versus 284,761 estimated by two analysts on average. Utilization - Including trainees - Consolidated: 84.3% compared to the 83.5% average estimate based on two analysts. Utilization - Excluding trainees - Consolidated: 85.9% compared to the 85.7% average estimate based on two analysts. Employee Metrics - Sales & Support: 17,014 versus 15,314 estimated by two analysts on average. View all Key Company Metrics for Infosys here>>>Shares of Infosys have returned +1.9% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Noble Gas Inc. (INFY): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks