Infosys operating profit may lag estimates - StarMine

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Reuters
Last Updated : Jul 04 2014 | 10:26 AM IST

Reuters Market Eye - Infosys Ltd's operating profit may lag consensus estimates when India's second-largest IT services exporter reports quarterly results on July 11, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Infosys to report an operating profit of 33.27 billion rupees ($558 million) in the quarter, compared with a consensus mean estimate of 34.04 billion rupees.

Infosys shares are nearly flat as of 10:17 a.m.

(Reporting by Abhishek Vishnoi)

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First Published: Jul 04 2014 | 10:19 AM IST

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