SunTrust Upgrades Computer Sciences (CSC) to Buy

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Go back to SunTrust Upgrades Computer Sciences (CSC) to Buy

Computer Sciences (CSC) Tops Q1 EPS by 10c; Announces Two Acquisitions

August 11, 2015 4:17 PM EDT

Computer Sciences (NYSE: CSC) reported Q1 EPS of $1.11, $0.10 better than the analyst estimate of $1.01. Revenue for the quarter came in at $2.76 billion versus the consensus estimate of $2.82 billion.

Computer Sciences reaffirmed FY2015 guidance.

Fixnetix

CSC announced it has signed an agreement to acquire Fixnetix, a leading provider of front-office managed trading solutions in capital markets. The proposed acquisition will enable CSC to offer capital market clients an expanded range of as-a-service front office capabilities and will strengthen its ability to address growing client demand for greater efficiency and innovation in trading, market... More