Cognizant issues Q4 revenue guidance below estimates and forecasts 2024 EPS
Cognizant provided its fourth-quarter revenue guidance, which fell short of analyst estimates, leading to a dip in its stock. The company also forecasted its 2024 earnings per share to be between $5.72 and $5.79, while targeting a ~16.1% margin, citing softer discretionary spending. This information comes directly from Cognizant's own financial reporting.
2 articles from 1 outlet covered this story. The underlying claim is sourced from a press release.
What do all outlets agree on?
1 outlet covered “Cognizant issues Q4 revenue guidance below estimates and forecasts 2024 EPS”. All of them report the following:
- Cognizant issued Q4 revenue guidance
- Q4 revenue guidance fell short of estimates
- Cognizant forecasted 2024 EPS
- Cognizant targeted a ~16.1% margin
- Softer discretionary spending was cited
Which outlets covered this?
All 2 articles found on this story, grouped by the stance of the piece. Every link goes to the original publisher.
pragmatist2