Cognizant Technology Solution Sees FY24 Adj. EPS $4.50-$4.68; Revenue $18.9B-$19.7B
Portfolio Pulse from Benzinga Newsdesk
Cognizant Technology Solution projects its FY24 adjusted EPS to be between $4.50 and $4.68, with revenue forecasts ranging from $18.9 billion to $19.7 billion.
May 01, 2024 | 8:05 pm
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Cognizant Technology Solution anticipates its FY24 adjusted EPS to be in the range of $4.50 to $4.68, with expected revenues between $18.9 billion and $19.7 billion.
The projection of adjusted EPS and revenue by Cognizant for FY24 indicates a positive outlook for the company's financial performance. This guidance could lead to increased investor confidence and potentially drive the stock price up in the short term, as it reflects growth expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100