HCL Technologies' Q2 earnings per share may beat estimates: StarMine

Jan 16 2014, 10:17 IST
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HCL Technologies Ltd is scheduled to announce its earnings for October-December quarter on Thursday. HCL Technologies Ltd is scheduled to announce its earnings for October-December quarter on Thursday.
SummaryHCL expected to report EPS of Rs 20.37 for Q3 compared with a consensus estimate of Rs 19.94.

HCL Technologies Ltd may beat consensus earnings per share forecast for the October-December quarter when it reports results on Thursday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects HCL Technologies to report an EPS of Rs 20.37 for the quarter, compared with a consensus mean estimate of Rs 19.94.

The company's peer, Infosys Ltd, on Friday posted better-than-expected quarterly results and raised its outlook on improving outsourcing demand.

HCL Technologies shares were up 1.2 per cent at 10.59 a.m.

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