Core Insights - Cognizant reported revenue of $5.08 billion for the quarter ended December 2024, reflecting a year-over-year increase of 6.8% and surpassing the Zacks Consensus Estimate by 0.49% [1] - The earnings per share (EPS) for the quarter was $1.21, up from $1.18 in the same quarter last year, exceeding the consensus EPS estimate of $1.12 by 8.04% [1] Revenue Breakdown - Revenue from Products and Resources was $1.30 billion, exceeding the average estimate of $1.28 billion by analysts, marking an 11.4% increase year-over-year [4] - Revenue from Health Sciences reached $1.54 billion, surpassing the average estimate of $1.50 billion, with a year-over-year growth of 10.4% [4] - Revenue from Financial Services was $1.44 billion, slightly below the average estimate of $1.49 billion, representing a 2.9% year-over-year increase [4] - Revenue from Communications, Media, and Technology was $811 million, exceeding the average estimate of $803.52 million, with a year-over-year change of 0.9% [4] Stock Performance - Cognizant's shares have returned 10.5% over the past month, outperforming the Zacks S&P 500 composite, which saw a 1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Compared to Estimates, Cognizant (CTSH) Q4 Earnings: A Look at Key Metrics