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Cognizant A Earnings Miss, Revenue Beats In Q3 -Breaking

by Mike Robinson

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© Reuters. Cognizant A Earnings Miss, Revenue Beats In Q3

Investing.com. NASDAQ: Cognizant. Wednesday’s third quarter report showed revenue exceeding expectations and forecasts that were not met by analysts.

Cognizant A reported earnings per share at $1.03 for revenue of $4.74B. Investing.com polled analyst to predict EPS at $1.05, based on $4.72B in revenue.

Shares of Cognizant A have fallen 5% over the past year but are still below 6.07% of its 52 week peak of $82.73, set on December 17, 2020. They have been outperforming the Nasdaq, which has risen 18.21% since the beginning of the year.

This month, Cognizant A is following other notable earnings from the Technology sector

Cognizant A reported Tuesday’s earnings beat. Alphabet C had reported EPS for $65.12B on revenue, while Cognizant A forecasts EPS for $23.84 and revenue of $63.47B.

Facebook beat all expectations Monday, posting a third-quarter EPS of 3.22 on $29.01B in revenue. This compares to the forecast of EPS at $3.19 for $29.58B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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