Cognizant Technology Solutions (CTSH) reported first quarter adjusted EPS of $0.71 Monday morning, up from $0.62 in the prior year period. Analysts expected EPS of $0.70. The company expects to report second quarter adjusted EPS of $0.72 and full year 2015 adjusted EPS of $2.93. The consensus estimates are for EPS of $0.73 and $2.95.
Cognizant Technology Solutions has gapped open sharply higher this morning and is now up 4.36 at $63.50. The stock is now challenging the highs of the year, trading at over a 1-month high.
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