{"id":4480,"date":"2024-10-18T11:17:15","date_gmt":"2024-10-18T05:47:15","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4480"},"modified":"2024-10-18T11:26:30","modified_gmt":"2024-10-18T05:56:30","slug":"infosys-stock-falls-4-after-slight-q2-earnings-miss","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/infosys-stock-falls-4-after-slight-q2-earnings-miss\/","title":{"rendered":"Infosys Stock Falls 5% After Slight Q2 Earnings Miss"},"content":{"rendered":"\n<p>Shares of Infosys fell by as much as 5% in early trading on October 18, following a slight miss in its Q2 FY25 earnings report. The company&#8217;s consolidated net profit came in at \u20b96,506 crore, a 2.2% sequential increase but below the \u20b96,769 crore estimate. Revenue rose 4.2% quarter-on-quarter to \u20b940,986 crore, slightly missing the forecasted \u20b940,857 crore.<\/p>\n\n\n\n<p>Brokerage firm Morgan Stanley had anticipated a potential dip in Infosys&#8217; stock due to the earnings miss, while also advising investors to consider buying during the downturn. The firm identified a strong support level at \u20b91,780, based on the stock&#8217;s five-year average free cash flow multiple.<\/p>\n\n\n\n<p>Following the opening drop, Infosys shares hit a low of \u20b91,889 before quickly rebounding to \u20b91,936.85 on the NSE by 9:24 AM. The company&#8217;s American Depository Receipts (ADRs) had similarly slipped 4% on the NYSE overnight but recovered to close just 1% lower.<\/p>\n\n\n\n<p>Despite the earnings miss, Infosys raised its FY25 revenue growth guidance to 3.75-4.5%, up from the previous 3-4%, driven by broad-based Q2 performance, increased volumes, and growth in its small-deal pipeline. The operating margin guidance for FY25 was maintained at 20-22%.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:&nbsp;<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/infosys-stock-slips-4-after-slight-miss-in-q2-earnings-12844586.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/infosys-stock-slips-4-after-slight-miss-in-q2-earnings-12844586.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Infosys fell by as much as 5% in early trading on October 18, following a slight miss in its Q2 FY25 earnings report. The company&#8217;s consolidated net profit came in at \u20b96,506 crore, a 2.2% sequential increase but below the \u20b96,769 crore estimate. Revenue rose 4.2% quarter-on-quarter to \u20b940,986 crore, slightly missing the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[526],"class_list":["post-4480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-infosys-stock-falls"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4480"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4480\/revisions"}],"predecessor-version":[{"id":4483,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4480\/revisions\/4483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4481"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}