Infosys Limited (INFY) Misses Q1 EPS by 1c, Revises Guidance

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Credit Suisse Downgrades Infosys Technologies (INFY) to Neutral

July 18, 2016 7:14 AM EDT

Credit Suisse downgraded Infosys Technologies (NYSE: INFY) from Outperform to Neutral, citing a lack of near-term catalyst for P/E re-rating.

Analyst Anantha Narayan commented, "As growth rates slwo (we now estimate 10.7% constant currency growth in FY17) and due to uncertainty on... More

Infosys (INFY) volatility elevated into less than expected Q1 results

July 15, 2016 6:14 AM EDT

Infosys Limited (NYSE: INFY) is recently down $1.94 to $16.50 in the preopen after reporting Q1 EPS 22c, compared to consensus 23c. Q1 revenue was $2.5B, compared to consensus $2.55B. July call option implied volatility is at 133, August is at 35; compared to its 52-week range of 21 to 48.

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