Investing.com - Cognizant (NASDAQ:CTSH) A reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Cognizant A announced earnings per share of $1.03 on revenue of $4.74B. Analysts polled by Investing.com anticipated EPS of $1.05 on revenue of $4.72B.
Cognizant A shares are down 5% from the beginning of the year and are trading at $77.71 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18.21% from the start of the year.
Cognizant A follows other major Technology sector earnings this month
Cognizant A's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar