Cognizant (CTSH) Tops Q1 EPS by 1c; Updates FY16 Outlook

Cognizant (NASDAQ: CTSH) reported Q1 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.22 billion.

GUIDANCE:

Cognizant sees Q2 2016 EPS of $0.80-$0.82, versus the consensus of $0.84. Cognizant sees Q2 2016 revenue of $3.34-3.40 billion, versus the consensus of $3.41 billion.

Cognizant sees FY2016 EPS of $3.32-$3.44, versus the consensus of $3.39. Cognizant sees FY2016 revenue of $13.65-14.0 billion, versus the consensus of $13.90 billion.

For earnings history and earnings-related data on Cognizant (CTSH) click here.

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