Investors interested in Business - Software Services stocks are likely familiar with Cognizant (CTSH) and Wipro Limited (WIT). But which of these two stocks is more attractive to value investors?
CTSH's third-quarter 2024 results benefit from expanding clientele and robust AI-driven solutions.
Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Tyler Scott - Vice President, Investor Relations Ravi Kumar - Chief Executive Officer Jatin Dalal - Chief Financial Office Conference Call Participants Jason Kupferberg - Bank of America Tien-Tsin Huang - JPMorgan Jim Schneider - Goldman Sachs Maggie Nolan - William Blair Jamie Friedman - Susquehanna Bryan Keane - Deutsche Bank Bryan Bergin - TD Cowen Operator Ladies and gentlemen, welcome to the Cognizant Technology Solutions Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
The headline numbers for Cognizant (CTSH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cognizant (CTSH) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.16 per share a year ago.
CTSH's third-quarter performance is likely to have reflected strength from an expanding clientele and a robust pipeline that includes a favorable mix of new opportunities.
Get a deeper insight into the potential performance of Cognizant (CTSH) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Cognizant (CTSH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CTSH enhances the Cognizant Neuro AI platform, enabling rapid AI use case development to boost decision-making and drive revenue.
Cognizant (CTSH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CTSH faces challenges in the Financial Services segment. A growing clientele and a strong pipeline of new opportunities may boost recovery.