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Cognizant Technology (CTSH) Tops Q1 EPS by 8c; Guides Q2, FY11 Above

May 3, 2011 6:40 AM EDT
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) reported Q1 EPS of $0.71, $0.08 better than the analyst estimate of $0.63. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.37 billion.

Sees Q211 EPS of about $0.70, versus the consensus of $0.66. Also sees Q211 revenue of $1.45 billion, versus the consensus of $1.43 billion.

Sees FY11 EPS of about $2.91, versus the consensus of $2.74. Also sees FY11 revenue of $5.925 billion, versus the consensus of $5.90 billion.


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