Will Infosys surprise Street on Q3?

Three brokerages have said the company could cut its revenue growth guidance again in dollar terms

Infosys, the country’s second largest information technology (IT) services company, could see its “weakest” quarterly performance in two years on Friday, when it announces the December quarter results.

“We expect Infosys to report the weakest results and drop its US dollar guidance (growth forecast) to seven-right per cent. We would look for signs of cyclical strength, particularly in US banking or retail, to filter into commentary for 4Q (fourth or March quarter),” brokerage CLSA said. 

At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms, even if it maintains