NASDAQ:CTSH
Cognizant Technology Solutions Corp Stock Earnings Reports
$71.03
+1.30 (+1.86%)
At Close: Apr 23, 2025
Cognizant Technology Solutions Earnings Calls
Q1 2025
(Upcoming)
Release date | Apr 30, 2025 |
EPS estimate | $1.19 |
EPS actual | - |
Revenue estimate | 5.063B |
Revenue actual | - |
Expected change | +/- 2.80% |
Q4 2024
Beat
$1.21 (8.04%)
Release date | Feb 05, 2025 |
EPS estimate | $1.12 |
EPS actual | $1.21 |
EPS Surprise | 8.04% |
Revenue estimate | 5.07B |
Revenue actual | 5.082B |
Revenue Surprise | 0.229% |
Q3 2024
Beat
$1.25 (8.70%)
Release date | Oct 30, 2024 |
EPS estimate | $1.15 |
EPS actual | $1.25 |
EPS Surprise | 8.70% |
Revenue estimate | 4.994B |
Revenue actual | 5.044B |
Revenue Surprise | 1.00% |
Q2 2024
Beat
$1.17 (4.46%)
Release date | Jul 31, 2024 |
EPS estimate | $1.12 |
EPS actual | $1.17 |
EPS Surprise | 4.46% |
Revenue estimate | 4.802B |
Revenue actual | 4.85B |
Revenue Surprise | 1.00% |
Last 4 Quarters for Cognizant Technology Solutions
Below you can see how CTSH performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Beat
Release date | Jul 31, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $75.68 |
EPS estimate | $1.12 |
EPS actual | $1.17 |
EPS surprise | 4.46% |
Date | Price |
---|---|
Jul 25, 2024 | $73.21 |
Jul 26, 2024 | $74.57 |
Jul 29, 2024 | $74.54 |
Jul 30, 2024 | $75.82 |
Jul 31, 2024 | $75.68 |
Aug 01, 2024 | $76.31 |
Aug 02, 2024 | $74.00 |
Aug 05, 2024 | $71.73 |
Aug 06, 2024 | $72.65 |
4 days before | 3.37% |
4 days after | -4.00% |
On release day | 0.83% |
Change in period | -0.765% |
Q3 2024
Beat
Release date | Oct 30, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $74.35 |
EPS estimate | $1.15 |
EPS actual | $1.25 |
EPS surprise | 8.70% |
Date | Price |
---|---|
Oct 24, 2024 | $74.86 |
Oct 25, 2024 | $74.82 |
Oct 28, 2024 | $74.98 |
Oct 29, 2024 | $75.52 |
Oct 30, 2024 | $74.35 |
Oct 31, 2024 | $74.59 |
Nov 01, 2024 | $74.61 |
Nov 04, 2024 | $74.90 |
Nov 05, 2024 | $75.39 |
4 days before | -0.681% |
4 days after | 1.40% |
On release day | 0.323% |
Change in period | 0.708% |
Q4 2024
Beat
Release date | Feb 05, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $83.60 |
EPS estimate | $1.12 |
EPS actual | $1.21 |
EPS surprise | 8.04% |
Date | Price |
---|---|
Jan 30, 2025 | $82.76 |
Jan 31, 2025 | $82.61 |
Feb 03, 2025 | $82.90 |
Feb 04, 2025 | $83.54 |
Feb 05, 2025 | $83.60 |
Feb 06, 2025 | $87.09 |
Feb 07, 2025 | $86.24 |
Feb 10, 2025 | $86.96 |
Feb 11, 2025 | $87.87 |
4 days before | 1.01% |
4 days after | 5.11% |
On release day | 4.17% |
Change in period | 6.17% |
Q1 2025
(Upcoming)
Release date | Apr 30, 2025 |
Fiscal end date | Mar 30, 2025 |
Price on release | - |
EPS estimate | $1.19 |
EPS actual | - |
Date | Price |
---|---|
Apr 16, 2025 | $70.01 |
Apr 17, 2025 | $69.44 |
Apr 21, 2025 | $68.06 |
Apr 22, 2025 | $69.73 |
Apr 23, 2025 | $71.03 |
Cognizant Technology Solutions Earnings Call Transcript Summary of Q4 2024
Strong Performance and Strategic Shift:
Cognizant reported Q4 2024 revenue of $5.1 billion, a 6.7% year-over-year increase in constant currency.
- The results indicate a successful transition from stabilization to growth, with Q4 marking high points for revenue growth and large deal signings.
- Emphasis is on reclaiming top-quartile revenue growth while expanding margins.
Key Growth Initiatives:
- Introduced significant AI advancements including products like Neuro Edge for real-time AI and various cybersecurity innovations.
- Strengthened partnerships through strategic acquisitions (Thirdera and Belcan) enhancing capabilities in the ServiceNow ecosystem and ER&D market.
- NPS (Net Promoter Score) improved, reflecting enhanced client satisfaction.
Financial Highlights:
- 2024 Full-year revenue was $19.7 billion, a 1.9% year-over-year increase.
- Adjusted operating margin for Q4 reached 15.7%, exceeding expectations due to the completion of the NextGen program, improved operational efficiency, and high utilization.
Client Demand and Bookings:
- Signed 10 large deals in Q4 (totaling 29 in 2024 compared to 17 in 2023), signaling robust demand across various segments, particularly digital engineering and financial services.
- Booking growth of 11% year-over-year in Q4, reflecting recovering discretionary spending and expanding annual contract values.
Outlook for 2025:
- Revenue growth expectation for Q1 2025 is between 5.6% to 7.1% year-over-year, and for the full year, 2.6% to 5.1%.
- Adjusted operating margins anticipated between 15.5% to 15.7%.
- Expected contributions from Belcan to positively impact growth.
Operational Initiatives:
- Accelerated AI adoption with over 1,200 early engagements; the integration of AI across operations is expected to enhance efficiency and create new service pools.
- Focus on reskilling employees and low voluntary attrition rates indicate a stable workforce conducive to growth.
Custom Solutions and Transitioning Market Dynamics:
- Cognizant is leveraging proprietary AI solutions to enhance client offerings and efficiency.
- Continued investment in deep engineering capabilities positions the firm favorably as companies seek to integrate technology for operational efficiency.
- There is a shift toward building Global Capability Centers (GCCs), reflecting changing outsourcing dynamics favoring in-house solutions augmented by Cognizant’s expertise.
Risks and Forward Guidance:
- Investors are advised to remain cognizant of potential economic fluctuations and geopolitical uncertainties affecting discretionary spending.
- Cognizant's strategic focus on AI and operational excellence is expected to drive resilience amid market volatility.
Overall, Cognizant demonstrates a solid operational performance, a strategic focus on AI and partnerships, and a positive outlook for the coming year, making it a potentially attractive investment opportunity amidst a recovering IT services market.
Cognizant Technology Solutions Earnings History
Earnings Calendar
FAQ
When is the earnings report for CTSH?
Cognizant Technology Solutions Corporation (CTSH) has scheduled its earnings report for Apr 30, 2025 after the markets close.
What is the CTSH price-to-earnings (P/E) ratio?
CTSH P/E ratio as of Apr 23, 2025 (TTM) is 15.04.
What is the CTSH EPS forecast?
The forecasted EPS (Earnings Per Share) for Cognizant Technology Solutions Corporation (CTSH) for the first fiscal quarter 2025 is $1.19.
What are Cognizant Technology Solutions Corporation's retained earnings?
On its balance sheet, Cognizant Technology Solutions Corporation reported retained earnings of $5.08 billion for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.