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Infosys Ltd Reaffirms FY 2013 Revenue Guidance; Lowers FY 2013 EPS Guidance
Infosys Ltd announced that for fiscal 2013, under IFRS, it expects revenues to be at least $7.343 billion; Earnings per American Depositary Share (EPADS) to be at least $2.97 (fiscal 2013 guidance given on July 12, 2012 was $ 3.03 which is reset at the current exchange rate at $2.97). Exchange rates considered for major global currencies: AUD / USD is 1.04; GBP / USD is 1.62; Euro / USD is 1.29 for rest of fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $7.373 billion and EPS of $3.04 for fiscal 2013.
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