Cognizant A earnings beat by $0.10, revenue topped estimates

investing.com 30/10/2024 - 20:07 PM

Cognizant A (NASDAQ: CTSH) Earnings Report

Cognizant A reported third quarter earnings per share (EPS) of $1.25, which is $0.10 higher than the analyst estimate of $1.15. Revenue for the quarter reached $5.04B, surpassing the consensus estimate of $4.98B.

Guidance

Cognizant A forecasts Q4 2024 revenue between $5.00B and $5.10B, compared to the analyst consensus of $5.08B.

The company projects FY 2024 EPS to be between $4.63 and $4.67, in line with the analyst consensus of $4.62. FY 2024 revenue is expected to range from $19.70B to $19.80B, slightly above the analyst consensus of $19.69B.

Cognizant A's stock price finished at $74.38, reflecting a 0.51% increase over the last 3 months and a significant 15.37% increase over the past year.

In the last 90 days, Cognizant A experienced 1 positive EPS revision and 16 negative EPS revisions. For a detailed look at past reactions to earnings, visit the appropriate section on Cognizant A's performance.

Financial Health

According to InvestingPro, Cognizant A holds a Financial Health score of "good performance".

Stay informed about upcoming earnings reports by checking Investing.com's earnings calendar.




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