Infosys Ltd
INFY: XNSE (IND)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|vtK | LOCK|^f&b | LOCK|?DW&%BW |
Infosys Earnings: Headwinds With High Tech and Retail Should Be Temporary; Fundamentals Still Solid
Infosys' second-quarter revenue grew 1.5% year over year in constant currency. High tech and retail both faced strong headwinds, with revenue dropping 17% and 8% year over year. Management also cut full-year revenue growth guidance by 75 basis points at the midpoint to 1%-2%. Shares were down 5%.
