What to Watch When Cognizant Reports Q2 Results
Cognizant Technology Solutions (NASDAQ: CTSH), a provider of information technology consulting and business services, impressed investors earlier this year with a strong first quarter earnings report. The company is looking to extend its positive momentum with its next batch of results coming Aug. 3 before market open.
For the second quarter, management expects revenue to be in the range of $3.63 billion to $3.68 billion, an 8% to 9% increase over last year. Adjusted non-GAAP earnings are expected to be at least $0.89 per share.
While revenue and earnings get the most attention in earnings releases, Cognizant investors would be wise to pay attention to these developments at the company.
Source: Fool.com
Accenture plc A Stock
€280.35
-0.550%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
As a result the target price of 352 € shows a positive potential of 25.56% compared to the current price of 280.35 € for Accenture plc A.
