What to Expect From Cognizant’s Q1 Earnings?
<p>Deutsche Bank analysts released their outlook on <a href='https://financialmodelingprep.com/financial-summary/CTSH'>Cognizant Technology Solutions Corporation (NASDAQ:CTSH)</a>, ahead of the company’s Q1 earnings results, which will be announced on May 4.</p>
<p>The analysts expect the company to post Q1 revenue of $4.7 billion (up 9.8% year-over-year) and EPS of $1.05. The company is expected to benefit from demand tailwinds for digital services where it continues to invest and get a boost from strong bookings translating to potentially driving outperformance. </p>
<p>Although the analysts expect higher attrition and wage inflation to weigh on margins in the near term, they believe the company has the ability to offset this pressure through a continued mix shift to higher-margin digital offerings along with operational leverage. As a result, the analysts see a potential for improving revenue growth and think the company can move towards the top end of the current revenue growth guidance range of around 8-11% for the full 2022-year.</p>
<p>Overall, the analysts believe the company has the ability to grow double digits revenue and continue expanding adjusted operating margins above 16% over the mid-term.</p>

NASDAQ:CTSH