Advertisement
New Zealand markets close in 6 hours 35 minutes
  • NZX 50

    11,861.80
    -5.78 (-0.05%)
     
  • NZD/USD

    0.5935
    +0.0043 (+0.72%)
     
  • ALL ORDS

    7,831.90
    -100.10 (-1.26%)
     
  • OIL

    79.12
    +0.12 (+0.15%)
     
  • GOLD

    2,329.90
    +18.90 (+0.82%)
     

Infosys Beats Earnings Estimates. Why the Stock Is Tumbling.

Infosys Beats Earnings Estimates. Why the Stock Is Tumbling.

The digital services and consulting company reports earnings of 23 cents a share, beating Wall Street estimates of 18 cents.