Cognizant Tech Solns (NASDAQ: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.
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