Cognizant Tech Solns Q3 Adj $1.25 Beats $1.15 Estimate, Sales $5.04B Beat $4.99B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cognizant Technology Solutions (NASDAQ:CTSH) reported Q3 earnings of $1.25 per share, surpassing the $1.15 estimate, and sales of $5.04 billion, exceeding the $4.99 billion estimate. This marks a 7.76% increase in earnings and a 3% increase in sales compared to the same period last year.
October 30, 2024 | 8:02 pm
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Cognizant Technology Solutions reported better-than-expected Q3 earnings and sales, with earnings per share at $1.25 and sales at $5.04 billion, both surpassing analyst estimates.
Cognizant's Q3 earnings and sales exceeded analyst expectations, indicating strong financial performance. This positive earnings surprise is likely to boost investor confidence and drive the stock price up in the short term.
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