RBC Capital analysts shared their outlook on Cognizant Technology Solutions Corporation’s (NASDAQ:CTSH) upcoming Q2 results, scheduled to be reported on July 27.
The analysts expect the company to report generally in-line results, with margins and potential FX-related revenue guidance reductions being the primary investor focus. The analysts estimate $4.91 billion (vs. Street’s $4.92 billion) in revenues and $1.10 (vs. Street’s $1.10) in EPS.
The analysts mentioned several focus areas in Q2, including (1) the digital demand backdrop, (2) attrition & other labor costs, (3) bookings growth and (4) FX.