CA, Inc. (CA) Tops Q1 EPS by 5c; Guides In-Line

CA, Inc. (NASDAQ: CA) reported Q1 EPS of $0.65, $0.05 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.09 billion.

CA, Inc. sees FY2015 EPS of $2.42-$2.49, versus the consensus of $2.48. CA, Inc. sees FY2015 revenue of $4.34-4.4 billion, versus the consensus of $4.41 billion.

“CA’s results for the first quarter are in-line with our expectations, reflecting continued financial discipline and a strong performance in connection with renewals, which contributed to an uptick in Enterprise Solutions new sales. In addition, the investment focus and new capabilities we established last year allowed us to make important strategic progress in the quarter. We launched a highly differentiated, CA-built SaaS solution in the IT Service Management space with a powerful user experience and one of the industry’s most attractive time-to-value offerings. And, we announced the divestiture of the arcserve business, further managing our portfolio and sharpening our focus.

“As we look ahead to the balance of FY2015, we know that there is still much work ahead of us to build CA for growth. We will continue to focus on our strengths, invest in key growth areas and drive the level of execution needed to advance our business strategy, serve our customers and deliver long-term value for our shareholders.”

For earnings history and earnings-related data on CA, Inc. (CA) click here.

You May Also Be Interested In

• O'Reilly Automotive (ORLY) Misses Q1 EPS by 7c, Offers Guidance
• Oceaneering (OII) Tops Q1 EPS by 5c, confirms prior guidance
• First Bancorp. (FBNC) Misses Q1 EPS by 2c