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Research & Insight

Market Analysis

Top 10 Takeaways: CTSH’s Guidance Revives Macro Concern Data Point’s for Your Investment Mosaic – Market Analysis

Joseph D. Foresi

1. Cognizant lowers annual guidance (5/7/12) reviving Macro concerns. Takeaway: discretionary spending in Financial Services (capital markets) and pharma slow to start 2012. CTSH didn’t see the acceleration it expected in April. Hard to tell if there is another revision

1Q12 First Take-In Line Qtr; Guidance Lowered Resetting Bar Increases Potential for Performance – Market Analysis

Joseph D. Foresi

Our Thoughts: Cognizant reported in-line March qtr results, but gave June guidance below expectations and lowered annual guidance. The reason for the lowered guidance is due to a slowdown in discretionary spending in financial services and pharma. The current stock

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