Earnings Preview: Cognizant Tech Solns
Portfolio Pulse from Benzinga Insights
Cognizant Tech Solns (NASDAQ:CTSH) is scheduled to release its quarterly earnings report on 2024-02-06, with analysts estimating an EPS of $1.04. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 2.02% drop. Shares are currently trading at $77.89, up 14.33% over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
February 05, 2024 | 3:02 pm
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Cognizant Tech Solns is expected to report an EPS of $1.04 for the upcoming quarter. Historical data shows mixed reactions to past earnings, with a notable 2.02% drop after last quarter's beat. Shares have risen 14.33% over the past year.
Given Cognizant's mixed historical stock performance post-earnings, the short-term impact is uncertain. The stock's positive year-over-year gain suggests a bullish long-term sentiment, but the immediate reaction to the earnings report could vary based on the actual EPS and forward guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100