Cognizant Raises FY26 Earnings Outlook Amid Mixed Q2 Results
Shares of Cognizant Technology (CTSH) rose approximately 10% after the company raised its full-year 2026 adjusted earnings per share outlook. Despite this positive adjustment, the firm's second-quarter results were mixed and its third-quarter revenue forecast fell short of expectations. Cognizant also revised down certain guidance metrics for future performance, signaling some uncertainty ahead despite improved EPS projections.
Tickers: $CTSH
Topics: earnings outlook revision stock movement