Cognizant Reports Second Quarter 2018 Results

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Go back to Cognizant Reports Second Quarter 2018 Results

Cognizant Technology Solutions (CTSH) PT Lowered to $87 at Cowen

August 3, 2018 6:54 AM EDT

Cowen lowered its price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $87.00 (from $88.00) while maintaining an Outperform rating.

Analyst Bryan Bergin commented, "Efforts to actively remix its business toward higher-value engagements are necessary for long-term business/shareholder value, but present near-term... More

Cognizant (CTSH) Tops Q2 EPS by 9c

August 2, 2018 6:14 AM EDT

Cognizant (NASDAQ: CTSH) reported Q2 EPS of $1.19, $0.09 better than the analyst estimate of $1.10. Revenue for the quarter came in at $4.01 billion versus the consensus estimate of $4.03 billion.

GUIDANCE:

Cognizant sees Q3 2018 EPS of at least $1.13, versus the consensus of $1.14. Cognizant... More