Cognizant Reports Fourth Quarter And Full Year 2015 Results
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Needham & Company Cuts Price Target Following Cognizant's (CTSH) In-Line 4Q Results and Light Outlook
February 8, 2016 2:03 PM ESTNeedham & Company maintained a Buy rating on Cognizant Technology Solutions (NASDAQ: CTSH), and cut the price target to $70.00 (from $78.00), following the company's 4Q earnings report. Cognizant reported revenue of $3.232 billion, essentially in line with consensus' $3.236 billion estimate. EPS came in at $0.80, $0.03 above consensus. Management guided 1Q slightly below consensus, with revenue expected to be $3.18-$3.24... More
Cognizant (CTSH) Tops Q4 EPS by 2c; Issues Light Q1, FY16 EPS Outlook
February 8, 2016 6:15 AM ESTCognizant (NASDAQ: CTSH) reported Q4 EPS of $0.80, $0.02 better than the analyst estimate of $0.78. Revenue for the quarter came in at $3.23 billion versus the consensus estimate of $3.24 billion.
GUIDANCE:
Cognizant sees Q1 2016 EPS of $0.78-$0.80, versus the consensus of $0.81. Cognizant sees Q1... More
