(C) Reuters. Cognizant A Earnings, Revenue Beat in Q1
Cognizant A announced earnings per share of $0.96 on revenue of $4.23B. Analysts polled by Investing.com anticipated EPS of $0.93 on revenue of $4.22B. That with comparison to EPS of $0.91 on revenue of $4.11B in the same period a year before. Cognizant A had reported EPS of $1.07 on revenue of $4.28B in the previous quarter. Analysts are expecting EPS of $0.86 and revenue of $4.01B in the upcoming quarter.
Cognizant A shares are down 5% from the beginning of the year , still down 17.80% from its 52 week high of $71.48 set on February 6. They are under-performing the Nasdaq which is down 0.66% year to date.
Cognizant A shares lost 1.94% in after-hours trade following the report.
Cognizant A’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.76B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Cognizant A Earnings, Revenue Beat in Q1
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.