DXC Technology Co reports results for the quarter ended June 30 - Earnings Summary
DXC Technology Co reports results for the quarter ended June 30 - Earnings Summary
DXC Technology Co DXC.N reported quarterly adjusted earnings of 40 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 68 cents. The mean expectation of eight analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 38 cents to 46 cents per share.
Revenue fell 5.1% to $3.00 billion from a year ago; analysts expected $2.99 billion.
DXC Technology Co's reported EPS for the quarter was 73 cents.
The company reported quarterly net income of $122 million.
DXC Technology Co shares had risen by 27.0% this quarter and lost 23.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 39.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for DXC Technology Co is $11.00, about 2.2% below its last closing price of $11.24
This summary was machine generated from LSEG data July 31 at 07:00 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.41 | 0.40 | Missed |
Mar. 31 2026 | 0.70 | 0.77 | Beat |
Dec. 31 2025 | 0.83 | 0.96 | Beat |
Sep. 30 2025 | 0.70 | 0.84 | Beat |
Recent news on DXC Technology
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DXC in advanced talks to sell insurance software unit for $2.4 billion, sources say
DXC gains after Reuters reports $2.4 billion unit sale talks with Eldridge
DXC in advanced talks to sell insurance software unit for $2.4 billion, sources say
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