© Reuters. Cognizant A Earnings Beat, Revenue Inline In Q1
Investing.com – Cognizant (NASDAQ:) A reported on Wednesday first quarter that beat analysts’ forecasts and revenue that was inline with expectations.
Cognizant A announced earnings per share of $1.08 on revenue of $4.83B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $4.83B.
Cognizant A shares are down 4% from the beginning of the year, still down 9.74% from its 52 week high of $93.47 set on March 22. They are outperforming the Nasdaq which is down 17.13% from the start of the year.
Cognizant A follows other major Information Technology sector earnings this month
Cognizant A’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on April 26 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Be the first to comment