Cognizant Technology beat Q4 EPS estimates and reported nearly in-line revenue, but the company is expecting Q1 revenue of $3.18B-$3.24B and EPS of $0.78-$0.80, below a consensus of $3.32B and $0.81. 2016 guidance is for revenue of $13.65B-$14.2B and EPS of $3.32-$3.44 vs. a consensus of $14.12B and $3.47. Shares dropped 7.8 per cent, which I think is an overreaction to slightly weaker guidance. I'll wait a couple more sessions and consider a long position... $CTSH, Cognizant Technology Solutions Corporation / 1440