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Kritika Sarmah

What You Need to Know Ahead of Cognizant Technology’s Earnings Release

With a market cap of $37.3 billion, Cognizant Technology Solutions Corporation (CTSH) is a leading global provider of IT consulting, business process services, and outsourcing solutions. Headquartered in Teaneck, New Jersey, the company operates through four segments: Financial Services; Health Sciences; Products and Resources; and Communications, Media and Technology.

CTSH is expected to report its Q2 earnings on Wednesday, July 30, after the market closes. Ahead of the event, analysts expect CTSH to report an EPS of $1.26 per share, up 7.7% from a profit of $1.17 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters.

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