Cognizant Tech Solns Q2 2024 Adj EPS $1.17 Beats $1.12 Estimate, Sales $4.90B Beat $4.80B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cognizant Technology Solutions (NASDAQ: CTSH) reported Q2 2024 adjusted EPS of $1.17, beating the estimate of $1.12. Sales were $4.90 billion, surpassing the $4.80 billion estimate and showing a slight increase from last year's $4.89 billion.
July 31, 2024 | 8:02 pm
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Cognizant Technology Solutions reported better-than-expected Q2 2024 earnings and sales, with EPS of $1.17 beating the $1.12 estimate and sales of $4.90 billion surpassing the $4.80 billion estimate.
The company's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence.
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