DXC Technology Co expected to post earnings of 58 cents a share - Earnings Preview

DXC Technology

07/08/2024 03:04

* DXC Technology Co  DXC.N   DXC  is expected to show a fall
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Ashburn Virginia-based  company is expected to report
a
8.9% decrease in revenue to $3.14 billion from $3.45 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for DXC Technology Co is for
earnings of 58 cents per share. The company's EPS guidance on
May 16 2024, for the period ended June 30, was between $0.55 and
$0.60 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for DXC
Technology Co
is $18.00​, below​ its last closing price of $18.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.83        0.83       0.97      Beat    17.1
 Jan. 1 2024   0.77        0.77       0.87      Beat    12.7
 Sep. 30 2023  0.68        0.67       0.70      Beat    3.9​
 Jun. 30 2023  0.82        0.82       0.63      Missed  -23.4
 ​​Mar.        1.03        1.03       1.02      Missed  -0.7
 31 2023                                                
 Dec. 31 2022  0.83        0.83       0.95      Beat    14​
 Sep. 30 2022  0.73        0.73       0.75      Beat    2.5
 Jun. 30 2022  0.82        0.82       0.75      Missed  -8.5
 This summary was machine generated August 7 at 02:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)