Cognizant Reports Third Quarter 2018 Results

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Go back to Cognizant Reports Third Quarter 2018 Results

Cognizant Technology Solutions (CTSH) PT Lowered to $85 at RBC Capital

October 31, 2018 7:15 AM EDT

RBC Capital analyst Daniel Perlin lowered the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $85.00 (from $94.00) while maintaining a Outperform rating.

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Cognizant (CTSH) Tops Q3 EPS by 6c, Revenues In-Line; Offers FY18 EPS/Revenue Outlook Below Consensus

October 30, 2018 6:04 AM EDT

Cognizant (NASDAQ: CTSH) reported Q3 EPS of $1.19, $0.06 better than the analyst estimate of $1.13. Revenue for the quarter came in at $4.08 billion versus the consensus estimate of $4.08 billion.

Quarterly revenue rose to $4.08 billion, up 8.3% from the year-ago quarter.
Quarterly GAAP diluted EPS was $0.82, compared to $0.84 in the year-ago quarter.
Quarterly... More