Analysts on Wall Street project that Cognizant (CTSH) will announce quarterly earnings of $1.15 per share in its forthcoming report, representing a decline of 0.9% year over year. Revenues are projected to reach $5 billion, increasing 2.2% from the same quarter last year. The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates durin ...

TEANECK, N.J., Oct. 24, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named number 10 on Newsweek's list of America's Most Reliable Companies. This prestigious recognition recognizes companies that deliver exceptional reliability for clients through dependable actions and decisions.Cognizant Named Number 10 on Newsweek’s List of America’s Most Reliable Companies 2025America's Most Reliable Companies 2025 is presented in collaboration with Statista, the world-leading statistics por ...

Cognizant (CTSH) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are better than ...

Cognizant leveraged Duck Creek Technologies' cutting-edge policy administration system to modernize FCCI's operations and expand the insurance group's footprint into the Excess & Surplus marketTEANECK, N.J., Oct. 23, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today that, under strategic partnership as system integrator with FCCI Insurance Group (FCCI), they have supported the creation of FCCI's new Excess & Surplus (E&S) lines of business, which launched Oct. 1, 2024. This strategic collaborati ...

Company also recognized for innovative sustainability efforts with 2024 International Green Apple Environment Award and two National Awards for Excellence in CSR & SustainabilityTEANECK, N.J., Oct. 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced that it has been named one of America's Greenest Companies by Newsweek magazine and has been recognized among the Top 300 companies in the U.S., based on environmental sustainability. Cognizant was also recognized recently with multiple awards for i ...

Core Insights - Cognizant Technology Solutions (CTSH) has enhanced its Cognizant Neuro AI platform to assist enterprises in identifying and developing AI use cases for improved decision-making and revenue generation [1] - A study indicates that 76% of enterprises aim to leverage AI for revenue growth but encounter challenges in scaling these initiatives [1] Group 1: Product Enhancements - The upgraded Cognizant Neuro AI platform includes tools like Opportunity Finder and advanced large language model assistants, facilitating data analysis across various industries [1] - In Q2 2024, Cognizant launched Cognizant Neuro Edge, a platform that allows businesses to utilize AI and generative AI at the edge, improving decision-making and operational stability [2] Group 2: Client Expansion and Contracts - Cognizant has expanded its partner base, including collaborations with Microsoft, Gentherm, Alphabet's Google Cloud, and Victory Capital Holdings [3] - In Q2 2024, Cognizant secured five contracts with a total value of $100 million or more, completing 13 similar deals in the first half of 2024, surpassing 2023 levels [3] Group 3: Strategic Collaborations - The collaboration with Microsoft focuses on leveraging generative AI and Copilot to innovate across industries and enhance employee experiences [4] - A five-year strategic agreement with Victory Capital Holdings was signed to provide IT infrastructure and analytics support for digital transformation [4] Group 4: Financial Outlook - Cognizant expects Q3 2024 revenues between $4.89 billion and $4.96 billion, reflecting a potential decline of 0.2% to an increase of 1.3% [5] - The Zacks Consensus Estimate for Q3 revenues is $5 billion, indicating a year-over-year growth of 2.17% [5] - The consensus for earnings is $1.15 per share, showing a year-over-year decline of 0.86% [6] Group 5: Valuation and Investment Perspective - Cognizant's shares are considered cheap with a Value Score of B, and the forward 12-month Price/Sales ratio stands at 2, lower than the industry's 11.80 [7] - The sluggish growth prospects lead to a Growth Score of F, indicating potential risks for growth-oriented investors [7] - Cognizant currently holds a Zacks Rank 3 (Hold), suggesting a cautious approach for potential investors [7]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Cognizant (CTSH) . This company, which is in the Zacks Business - Software Services industry, shows potential for another earnings beat.When looking at the last two reports, this information technology consulting and outsourcing firm has recorded a strong streak of surpassing earnings estimates. The company has topped estimate ...

The collaboration will integrate Cognizant's advanced solutions to enhance du's service quality and customer satisfaction, ushering in a new era of digital innovation in the telco industry.TEANECK, N.J., Oct. 16, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and du, the leading telecom and digital services provider, today announced a five-year strategic relationship aimed at accelerating du's digital transformation. The collaboration is focused on enhancing du's internal capabilities to ensure the company r ...

Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journeyDozens of businesses have already leveraged the platform to rapidly identify, build and pilot AI decisioning use cases that can deliver business value at scaleTEANECK, N.J., Oct. 16, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced significant enhancements to its Cognizant Neuro® AI platform, aimed at enabling enterprises to rapidly discover, prototype, and devel ...

Two-decade commitment to building a better tomorrow by supporting the underrepresented and underserved communities of IndiaCHENNAI, India, Oct. 8, 2024  /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it is commemorating the upcoming 20th anniversary of Cognizant Foundation India. Since its inception, Cognizant Foundation India has partnered with over 300 non-profit organizations across the subcontinent and successfully implemented more than 600 projects, which have positively impacted millions of e ...