Cognizant Reports Fourth Quarter And Full Year 2018 Results

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Cognizant Technology Solutions (CTSH) PT Raised to $83 at Nomura/Instinet

February 7, 2019 8:22 AM EST

Nomura/Instinet analyst Ashwin Mehta raised the price target on Cognizant Technology Solutions (NASDAQ: CTSH) to $83.00 (from $79.00) while maintaining a Buy rating following the company's 4Q earnings report. 4Q was marginally ahead on growth, though below on margins led by wage hikes for senior... More

Cognizant (CTSH) Tops Q4 EPS by 7c

February 6, 2019 7:05 AM EST

Cognizant (NASDAQ: CTSH) reported Q4 EPS of $1.13, $0.07 better than the analyst estimate of $1.06. Revenue for the quarter came in at $4.13 billion versus the consensus estimate of $4.12 billion.

"Cognizant executed well in 2018, diversifying our revenue base and client roster, and investing to build distinctive... More