Save the date! Wednesday 30th October 2024, is when Cognizant Technology Solutions Corporation (NASDAQ: CTSH) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
According to the forecasts of financial experts on Wall Street, the firm is expected to reveal an anticipated $1.15 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $4.99 billion.
Wall street analysts expect the company to generate a total revenue of $19.64 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $4.62 per share for the fiscal year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $1.16. This notable figure was attributed to the company's total revenue, which settled at an impressive $4.9 billion during that specific quarter.
In addition, The firm will review the third quarter financial results on 30th October 2024 at 05:00 PM eastern time, in a conference call with public.
During Monday's trading, Cognizant Technology Solutions Corporation (CTSH) shares reached a low of $74.83 and a high of $75.85, along with a total volume of 3.44 million shares. The stock ended the regular trading session at $74.98, reflecting a rise of 0.21 percent.