UPDATE: Computer Sciences (CSC) Tops Q4 EPS by 5c, Increased Dividend 15% and Announces $1.5B Buyback

May 8, 2014 4:38 PM EDT
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Price: $69.01 --0%

Financial Fact:
Revenues: 1.87B

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(Updated - May 8, 2014 4:40 PM EDT)

Computer Sciences Corp. (NYSE: CSC) reported Q4 EPS of $1.09, $0.05 better than the analyst estimate of $1.04. Revenue for the quarter came in at $3.33 billion versus the consensus estimate of $3.36 billion.

Computer Sciences Corp. sees FY2015 EPS of $4.35-$4.55, versus the consensus of $4.43.

Today, CSC’s Board of Directors approved a 15% increase to the company’s quarterly Common Stock dividend to $0.23 per share. The Board of Directors also authorized a new $1.5 billion share repurchase program.

For earnings history and earnings-related data on Computer Sciences Corp. (CSC) click here.



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