Capgemini SE

CAP: XPAR (FRA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Capgemini: Guidance Cut Again; Trimming Our Fair Value Estimate 5% to EUR 190

Capgemini shares were down around 8% intraday after it cut fiscal 2024 revenue guidance for the second quarter in a row. The company now expects fiscal 2024 constant-currency revenue growth of negative 2.0% to negative 2.4%, from negative 0.5% to negative 1.5% previously.

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