Cognizant A Earnings Beat, Revenue Misses In Q2
2022.07.28 00:06
Cognizant A Earnings Beat, Revenue Misses In Q2
Investing.com – Cognizant (NASDAQ:CTSH) A reported on Wednesday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Cognizant A announced earnings per share of $1.14 on revenue of $4.91B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $4.92B.
Cognizant A shares are down 20% from the beginning of the year, still down 24.79% from its 52 week high of $93.47 set on March 22. They are outperforming the Nasdaq 100 which is down 22.79% from the start of the year.
Cognizant A follows other major Information Technology sector earnings this month
Cognizant A’s report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, compared to forecasts EPS of $2.29 on revenue of $52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, compared to forecast for EPS of $1.74 on revenue of $7.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
