Cigna earnings beat by $0.04, revenue topped estimates
Investing.com - Cognizant A reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Cognizant A announced earnings per share of $1.14 on revenue of $4.91B. Analysts polled by Investing.com EPS of $1.09 on revenue of $4.92B.
Cognizant A 's are down 20% and is trading at $70.30 , still down 24.79% from its 52 week high of $93.47 set on Tuesday, March 22, 2022.
Cognizant A follows other major Information Technology sector earnings this month
Cognizant A's report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, EPS of $2.29 on revenue of $52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, for EPS of $1.74 on revenue of $7.06B.
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