DXC Technology (DXC) Tops Q4 EPS by 32c

DXC Technology (NYSE: DXC) reported Q4 EPS of $1.15, $0.32 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.94 billion.

“In fiscal 2017, CSC took major steps toward our goal of establishing a leadership position in digital transformation,” said Mike Lawrie, chairman, president and CEO. “Beyond successfully bringing together CSC and the Enterprise Services business of Hewlett Packard Enterprise into DXC Technology, we maintained significant next-gen offerings and Business Process Services momentum, and established key strategic partnerships. As we invested into digital and IP, we delivered revenuegrowth and margin expansion, as well as earnings and free cash flow growth in fiscal 2017, and have positioned DXC Technology to deliver margin expansion in fiscal 2018.”

For earnings history and earnings-related data on DXC Technology (DXC) click here.

You May Also Be Interested In

• Wolfe Research starts Ferrari at Outperform, sees 'solid upside potential'
• Unum Group (UNM) PT Raised to $94 at UBS on Second LTC Deal
• Syra Health names Dr. Cori McMahon as fractional chief medical officer