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CSC (CSC) to Complete MOU with NHS; Lowers FY11 Outlook Below Consensus

May 3, 2011 6:57 AM EDT
Get Alerts CSC Hot Sheet
Price: $69.01 --0%

Financial Fact:
Revenues: 1.87B

Today's EPS Names:
JAGX, CLIR, ZTO, More
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CSC (NYSE: CSC) to conclude a non-binding memorandum of understanding (MOU) with the National Health Service (NHS).

Following completion of the MOU, CSC adjusted its guidance.

Lowers FY11 revs outlook from $16.2 billion to $16.1 billion, and EPS from $5.20 to $4.75. Consensus is looking for revs of $16.2 billion and EPS of $5.21.


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