BUZZ-Cognizant falls after lower-than-expected 2025 revenue forecast

IT consulting firm Cognizant's CTSH.O shares fall 1.9% to $82 before the bell

Says 2025 revenue is expected to be $20.3 bln-$20.8 bln vs estimates of $20.89 bln – LSEG

Uncertainty about path of future interest rate cuts is forcing CTSH customers to temper IT and consultancy spendings

Says 2025 adj EPS is expected to be $4.90/share-$5.06/share; mid-point of $4.98/share narrowly misses estimates of $4.99/share – LSEG

CTSH posted Q4 rev and adj profit/share above estimates from increase in spending by clients in financial sector

Up to Wednesday's close, CTSH is up ~8.7% YTD and up ~6.8% in the past 12 months