shares of cognizant technology solutions corp ctsh fell 05 in premarket trading thursday after the business consultant cut its profit outlook and said chief executive brian humphries will step down after four years in the role and will be succeeded by ravi kumar effective immediately humphries will remain as special advisor until march 15 “the board is focused on positioning cognizant to reaccelerate growth and drive shareholder value” said chairman stephen rohleder “as a proven leader with deep experience developing global talent and building a culture of success we believe ravi is the right person to take cognizant into its next phase of growth” kumar was previously a 20year veteran of infosys ltd and most recently president of infosys through october 2022 separately the company said it expects fourthquarter revenue of 48 billion up from previous guidance of 472 billion to 477 billion but cut its guidance for adjusted earnings per share to 438 to 440 from 443 to 446 cognizant will report results on feb 2 the stock has gained 84 over the past three months through wednesday while the sp 500 spx has advanced 110