DXC Technology Co expected to post earnings of 83 cents a share - Earnings Preview

DXC Technology

14/05/2024 21:03

* DXC Technology Co  DXC.N   DXC  is expected to show a fall
in
quarterly revenue when it reports  results on May 16 for the
period ending January 1 0001
    * The Ashburn Virginia-based  company is expected to report
a
6.3% decrease in revenue to $3.366 billion from $3.59 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data. (SAL is based on Total Revenue)
    * ​LSEG's mean analyst estimate for DXC Technology Co is for
earnings of 83 cents per share. The company's EPS guidance on
February 1 2024, for the period ended March 31, was between
$0.80 and $0.85 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and 4 "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 $22.00​, above​ its last closing price of $19.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  1.03        1.03       1.02      Missed  -0.7
 ​​Dec.        0.83        0.83       0.95      Beat    14
 31 2022                                                
 Jan. 1 0001   0.73        0.73       0.75      Beat    2.5​
 Jun. 30 2022  0.82        0.82       0.75      Missed  -8.5
 Mar. 31 2022  0.98        0.99       0.84      Missed  -15.3
 This summary was machine generated May 14 at 20:03 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)