01.11.2023 21:24:22 - dpa-AFX: DXC Technology Company Q2 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - DXC Technology Company (DXC) announced a profit for
its second quarter that increased from the same period last year and beat the
Street estimates.
The company's bottom line totaled $99 million, or $0.49 per share. This
compares with $28 million, or $0.12 per share, in last year's second quarter.
Excluding items, DXC Technology Company reported adjusted earnings of $143
million or $0.70 per share for the period.
Analysts on average had expected the company to earn $0.67 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 96258.5% to $3.44 billion from $3.57
million last year.
DXC Technology Company earnings at a glance (GAAP) :
-Earnings (Q2): $99 Mln. vs. $28 Mln. last year.
-EPS (Q2): $0.49 vs. $0.12 last year.
-Analyst Estimate: $0.67
-Revenue (Q2): $3.44 Bln vs. $3.57 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.75 - $0.80
Next quarter revenue guidance: $3.32 - $3.37 Bln
Full year EPS guidance: $3.15 - $3.40
Full year revenue guidance: $13.58 -$13.73 Bln
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