Introducing Cognizant Tech Solns ROI

Benzinga Pro Data Extract, Cognizant technology solutions CSP posted a loss in revenue since the fourth quarter, totaling $563.00 million. Sales, on the other hand, rose 1.03% to $4.83 billion in the first quarter. In the fourth quarter, Cognizant Tech Solns earned $576.00 million and total sales reached $4.78 billion.

What is ROIC?

Return on invested capital is a measure of the annual pre-tax profit relative to the capital invested by a company. Changes in profits and sales indicate changes in a company’s ROIC. A higher return on investment is generally indicative of successful business growth and is a sign of higher earnings per share in the future. A low or negative ROIC suggests otherwise. In the first quarter, Cognizant Tech Solns posted an ROIC of 5.73%.

Keep in mind that while ROI is a good measure of a company’s recent performance, it’s not a very reliable indicator of a company’s profits or sales in the near future.

Return on invested capital is a measure of the annual pre-tax profit relative to the capital invested by a company. Changes in profits and sales indicate changes in a company’s ROIC. A higher return on investment is generally indicative of successful business growth and is a sign of higher earnings per share in the future. A low or negative ROIC suggests otherwise. In the first quarter, Cognizant Tech Solns posted an ROIC of 5.73%.

Keep in mind that while ROI is a good measure of a company’s recent performance, it’s not a very reliable indicator of a company’s profits or sales in the near future.

For Cognizant Tech Solns, the positive ROI of 5.73% suggests that management is allocating its capital efficiently. Efficient capital allocation is a positive indicator that a business will achieve more sustainable success and favorable long-term returns.

Estimated future income

Cognizant Tech Solns reported first-quarter earnings per share of $1.08/share, which beat analysts’ forecasts of $1.04/share.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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