NEW YORK (TheStreet) -- Infosys (INFY - Get Report) stock is rising 0.33% to $18.41 in afternoon trading Thursday, ahead of the company's fiscal 2016 fourth quarter financial report, due out before Friday's market open.
The India-based consulting, technology and outsourcing services provider is expected to deliver a year-over-year increase in earnings per share and revenue.
Wall Street is anticipating earnings of 23 cents per share on revenue of $2.43 billion for the latest quarter, according to analysts surveyed by Thomson Reuters.
Last year, Infosys posted a profit of 22 cents per share, adjusted for a stock split in June 2015, and $2.16 billion in revenue for the fiscal 2015 fourth quarter.
Analysts will also be watching revenue and margin guidance, updates on changes to the company's structure and business strategy, and outlook for pricing environment, Jefferies said in a note last week.
Separately, Infosys has a "buy" rating and a letter grade of A- at TheStreet Ratings because of the company's revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in net income and solid stock price performance.
You can view the full analysis from the report here: INFY
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.