Cognizant Tech Solns: Q4 Earnings Insights

Cognizant Tech Solns CTSH reported its Q4 earnings results on Tuesday, February 6, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Cognizant Tech Solns beat estimated earnings by 13.46%, reporting an EPS of $1.18 versus an estimate of $1.04.

Revenue was down $81.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 2.02% drop in the share price the next day.

Here's a look at Cognizant Tech Solns's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.09 0.97 1.04 1.02
EPS Actual 1.16 1.10 1.11 1.01
Revenue Estimate 4.91B 4.81B 4.73B 4.78B
Revenue Actual 4.90B 4.89B 4.81B 4.84B

To track all earnings releases for Cognizant Tech Solns visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!