Cognizant's Earnings Beat Expectations at $0.10, With Profits Surpassing Forecasts

According to Cognizant A's (NASDAQ: CTSH) report, the earnings per share for the third quarter was $1.25, which is $0.10 better than analysts' expectations of $1.15. The earnings posted for this quarter were determined to be $5.04 billion, while analyst expectations were at $4.98 billion.

Guidance

Cognizant A has set its fourth-quarter 2024 earnings between $5.00 billion and $5.10 billion. Analyst estimates, on the other hand, had projected $5.08 billion. The earnings per share for Cognizant A in the fourth quarter of 2024 were estimated between $4.63 and $4.67, with analyst predictions at $4.62. The company's revenue for fiscal year 2024 was projected to be in the range of $19.70 billion to $19.80 billion, compared to analyst expectations of $19.69 billion.

Cognizant A’s stock closed at $74.38, indicating a 0.51% increase over the last three months. The stock has appreciated by 15.37% over the past 12 months. In the last 90 days, Cognizant A experienced one positive earnings per share and 16 negative earnings per share.

You can examine how Cognizant A's stock price reacted to past earnings reports here. According to InvestingPro, Cognizant A has a financial health score of "Quite Good."

Explore the latest earnings reports and all financial information related to Cognizant A here. Stay informed on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.