Investing.com – Cognizant (NASDAQ:) A reported on Wednesday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Cognizant A announced earnings per share of $1.17 on revenue of $4.86B. Analysts polled by Investing.com anticipated EPS of $1.16 on revenue of $5B.
Cognizant A shares are down 32% from the beginning of the year, still down 35.53% from its 52 week high of $93.47 set on March 22.
Cognizant A follows other major Information Technology sector earnings this month
Cognizant A’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar