Cognizant A Earnings, Revenue miss in Q4 By Investing.com

Cognizant (NASDAQ:CTSH) A reported on Wednesday fourth quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Cognizant A announced earnings per share of $0.67 on revenue of $4.18B. Analysts polled by Investing.com anticipated EPS of $0.9005 on revenue of $4.24B.

Cognizant A shares are down 3% from the beginning of the year and are trading at $79.36 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 3.99% 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 Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar