Infosys operating profit may lag estimates: StarMine

Written by Reuters | Updated: Jul 4 2014, 16:20pm hrs
InfosysNewly appointed Infosys Chief Executive Officer Vishal Sikka speaks during a news conference at Infosys' headquarters. (Reuters)
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 0427 GMT.