01.02.2024 22:22:02 - dpa-AFX: DXC Technology Company Q3 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - DXC Technology Company (DXC) reported a profit for
its third quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $156 million, or $0.81 per share. This
compares with $59 million, or $0.25 per share, in last year's third quarter.
Excluding items, DXC Technology Company reported adjusted earnings of $167
million or $0.87 per share for the period.
Analysts on average had expected the company to earn $0.77 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 4.8% to $3.40 billion from $3.57
billion last year.
DXC Technology Company earnings at a glance (GAAP) :
-Earnings (Q3): $156 Mln. vs. $59 Mln. last year.
-EPS (Q3): $0.81 vs. $0.25 last year.
-Analyst Estimate: $0.77
-Revenue (Q3): $3.40 Bln vs. $3.57 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.80 - $0.85
Next quarter revenue guidance: $3,350 - $3,390 Mln
Full year EPS guidance: $3.00 - $3.05
Full year revenue guidance: $13,630 -$13,670 Mln
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