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Barchart
Barchart
Aditya Sarawgi

FORGOTTEN HISTORY: Earnings preview what to expect from cognizant technology s report - Caught on Camera

CTSH

Teaneck, New Jersey-based Cognizant Technology Solutions Corporation (CTSH) is a leading professional services company providing consulting, technology, and outsourcing solutions. With a market cap of $37.8 billion, its operations span various countries in the Americas, Europe, the Middle East, Indo-Pacific, and Africa. CTSH is expected to announce its Q3 earnings after the market closes on Wednesday, Oct. 30.

Ahead of the event, analysts expect the tech company to report a profit of $1.15 per share, marginally down from $1.16 per share reported in the year-ago quarter. The company has surpassed Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS in Q2 grew 6.4% year-over-year to $1.17, exceeding the consensus estimates by 4.5%.

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