WASHINGTON (dpa-AFX) - DXC Technology Co. (DXC) shares are declining more
than 25 percent on Thursday morning trade after the company's first-quarter
earnings declined and missed estimates.

The company reported first-quarter earnings of $36 million or $0.17 per share,
compared to $102 million or $0.43 per share last year. On an adjusted basis,
earnings were $134 million or $0.63 per share. Analysts were looking for $0.82
per share.

Revenue for the quarter declined 7 percent to $3.45 billion, down from $3.71
billion a year ago.

Currently, shares are at $19.95, down 26.41 percent from the previous close of
$27.07 on a volume of 2,756,557.



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