Infosys to announce Q3 results today: Here's what analysts expect

Analysts at ICICIdirect see CC revenues to grow 2.2 per cent QoQ with cross currency impact of 50 bps to dollar growth.

IT major Infosys will release its financial results for third quarter of FY19 on Friday. While Q3 is seasonally weak for IT companies due to furloughs, healthy deal wins in H1FY19 and increasing contribution from the digital segment are expected to keep revenue growth steady for Infosys and other top IT vendors. Deal ramp ups are likely to support the company's growth. 

Infosys, the country's second largest IT services company, will consider share buyback and a special dividend for shareholders as part of its capital allocation policy in the board meeting.

Most brokerages expect the company's revenue in constant currency (CC)