For the quarter ended June 2024, DXC Technology Company. (DXC) reported revenue of $3.24 billion, down 6.1% over the same period last year. EPS came in at $0.74, compared to $0.63 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.14 billion, representing a surprise of +2.91%. The company delivered an EPS surprise of +29.82%, with the consensus EPS estimate being $0.57. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Core Viewpoint - DXC Technology Company reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and showing an increase from $0.63 per share a year ago, representing an earnings surprise of 29.82% [1][2] Financial Performance - The company posted revenues of $3.24 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.91%, although this is a decrease from $3.45 billion in the same quarter last year [2] - Over the last four quarters, DXC Technology has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - DXC Technology shares have declined approximately 21.6% since the beginning of the year, contrasting with the S&P 500's gain of 9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $3.18 billion, and for the current fiscal year, it is $2.73 on revenues of $12.79 billion [7] Industry Outlook - The Computers - IT Services industry, to which DXC Technology belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of DXC Technology's stock may be influenced by the overall industry outlook and trends in earnings estimate revisions [5][8]

Exhibit 99.1 DXC Technology Reports First Quarter Fiscal Year 2025 Results • Total revenue of $3.24 billion, down 6% (4% on an organic basis) • Diluted earnings per share was $0.14 vs. $0.17 in the prior year quarter; Non-GAAP diluted earnings per share was $0.74, up 17% • Operating cash flow of $238 million, up 87%; Free Cash Flow of $45 million • Increased the low end of the full year adjusted EBIT margin outlook range by 50 basis points to 6.5% - 7.0% • Increased the low-end of the full-year non-GAAP dil ...

NEW ORLEANS, Aug. 07, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 1, 2024 to file lead plaintiff applications in a securities class action lawsuit against DXC Technology Company (NYSE: DXC), if they purchased the Company's shares between May 26, 2021, and May 16, 2024, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Virginia. Get Help DXC investors should vi ...

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of DXC Technology Company (NYSE: DXC) between May 26, 2021 and May 16, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 1, 2024. SO WHAT: If you purchased DXC securities during the Class Perio ...

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of DXC Technology Company (NYSE: DXC). Shareholders who purchased shares of DXC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/dxc-technology-loss-submission-form/?id=94064&from=3 CLASS PERIOD: May 26, 2021 ...

LOS ANGELES, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DXC Technology Company ("DXC" or "the Company") (NYSE: DXC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 26, 2021 and May 16, 2024, inclusive (the "Class Period"), are ...

NEW ORLEANS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 1, 2024 to file lead plaintiff applications in a securities class action lawsuit against DXC Technology Company (NYSE: DXC), if they purchased the Company's shares between May 26, 2021, and May 16, 2024, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern ...

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of DXC Technology Company (NYSE:DXC) and Five Below, Inc. (NASDAQ: FIVE). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided. DXC Technology Company (NYSE:DXC) Class Period: May 26, 2021 ...

NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers and acquirers of common stock of DXC Technology Company (NYSE: DXC) between May 26, 2021 and May 16, 2024, both dates inclusive (the "Class Period"). DXC is an information technology services and consulting company. A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 1, 2024 ...