Operator: Ladies and gentlemen, good day, and welcome to Infosys Limited Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded.
Infosys Limited (NYSE:INFY) Q2 2024 Earnings Call Transcript October 12, 2023 Infosys Limited reports earnings inline with expectations. Reported EPS is $0.18 EPS, expectations were $0.18. Operator: Ladies and gentlemen, good day and welcome to the Infosys earnings conference call. As a reminder, all participant lines will be in listen-only mode and there will be […]
Morgan Stanley has increased the target prices of certain information technology (IT) stocks by as much as 29 per cent, anticipating an improvement in earnings in the near future.
Within the IT and engineering research and development (ER&D) services sector, it is now more optimistic about growth and margin estimates for 2024-25 (FY25).
“Strong outlook on FY25 revenue growth, improving margins, and double-digit EPS growth should keep valuations afl oat,” said Morgan Stanleys analysts Gaurav Rateria and Sulabh Govila in a client note.