Infosys Limited ($INFY) Earnings (Q4 FY22)

 Infosys Limited ($INFY) Earnings and Opinion:


Infosys Limited is a company in the Technology sector and operates in the Information Technology Services industry. The company provides consulting, technology, outsourcing, and next-generation digital services all over the world. Infosys Limited was founded in 1981 and is currently headquartered in Bengaluru, India. The company made its debut on the stock market in 1999.

Infosys Limited EPS and Revenue (Q4 FY22):

  • EPS of $0.18 missing expectations of $0.19
  • Revenue of $4.28B missing expectations of $4.3B
  • EPS was up 12.5% (YOY) and Revenue was up 18.4% (YOY)
Infosys Limited EPS and Revenue (FY22):
  • EPS was $0.70 missing expectations of $0.71
  • Revenue was $16.31B beating expectations of $16.30B
  • EPS was up 14.7% (YOY) and Revenue was up 20% (YOY)
Infosys Limited FY22 Highlights:
  • Digital revenues at 57% of total revenues
  • Operating margin at 23%, decline of 1.5%
  • FCF at $3.05B, 2.8% (YOY) growth
Opinion:
Infosys Limited is currently trading lower after reporting earnings before the market opened this morning. The company missed on both EPS and Revenue expectations for Q4 of the 2022 fiscal year. While in the overall fiscal year of 2022, the company missed on EPS expectations but beat revenue expectations by a slim margin. I think most of the estimates were missed due to the fact that the company recently pulled their business out of Russia. The company showed the highest growth in revenue in a decade. The growth was due to the companies digital and cloud capabilities expanding. This is great news for the company and for investors who have been holding this company for a while. The stock has grown over time, but it hasn't been a stock with great yearly-returns. It has been slow but consistent growth as evident by their chart. They also payout a small dividend that isn't a huge wealth builder. However a little dividend never hurts, as it boosts the return for investors. Personally, I do not know enough about this stock to make a quality decision on it. That means for now, I am going to stay out of it, but if they keep up the growth numbers and keep expanding their digital and cloud capabilities they could be put on the map.

*Information from Infosys Limited, Yahoo Finance, and Nasdaq
*Estimates from Zacks

Comments

Popular posts from this blog

Weekly Earnings Review: September 25, 2023- September 29, 2023

Weekly Earnings Review: October 16, 2023- October 20, 2023

Weekly Earnings Review: November 27, 2023- December 1, 2023