DXC Technology(DXC)
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Sell Alert: Analysts Say Ditch These 3 Stocks Right Now
InvestorPlace· 2024-03-08 11:40
When it comes to figuring out what are the stocks to sell now, bearish analyst ratings are an important factor to consider. The sell-side typically doesn’t issue many “sell” ratings. In fact, a majority of ratings are “buy” or equivalent, with around 5%-10% being “sell” or equivalent and the rest “hold” or equivalent.As I have discussed previously, blindly following Wall Street “buy” ratings isn’t necessarily a profitable move. The same could possibly be said about blindly shorting stocks rated “sell” by th ...
DXC Technology to Participate in Upcoming Investor Conferences
Businesswire· 2024-02-20 22:00
ASHBURN, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced it will participate in the following investor conferences: Susquehanna Financial Group’s 2024 Technology Conference – DXC management is hosting a series of investor meetings at the Palace Hotel in New York City on February 29, 2024. Morgan Stanley’s 2024 Technology, Media & Telecom Conference – Raul Fernandez, President and CEO, is hosting a fire side chat at 8am PST follo ...
DXC Technology (DXC) Q3 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-02-02 14:05
DXC Technology Company (DXC) reported better-than-expected results for the third quarter of fiscal 2024. The IT services and consulting company posted third-quarter non-GAAP earnings of 87 cents per share, which beat the Zacks Consensus Estimate of 77 cents.However, the bottom line decreased 8.5% from the prior-year quarter’s earnings of 95 cents per share. The year-over-year decline was primarily due to lower revenues and increased interest expenses, partially offset by a lower share count.DXC reported rev ...
DXC Technology Named a Strong Performer in Whitelane Research's 2023/2024 European IT Sourcing Study
Prnewswire· 2024-02-02 07:00
Global technology services provider, DXC Technology, scored highly in the Overall Customer Satisfaction RankingASHBURN, Va., Feb. 2, 2024 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has secured a top five position in Whitelane Research's 2023/2024 European IT Sourcing Study. It is the second successive year that DXC has improved its ranking, demonstrating its continued commitment to delivering value and excellence for its customers. DXC Technolog ...
DXC Technology(DXC) - 2024 Q3 - Earnings Call Transcript
2024-02-02 00:57
DXC Technology Company (NYSE:DXC) Q3 2024 Earnings Conference Call February 1, 2024 5:00 PM ET Company Participants John Sweeney - VP, IR Raul Fernandez - President & CEO Rob Del Bene - EVP & CFO Conference Call Participants Bryan Bergin - TD Cowen James Friedman - Susquehanna Bryan Keane - Deutsche Bank Darrin Peller - Wolfe Research Tien-Tsin Huang - JPMorgan Ashwin Shirvaikar - Citi Jason Kupferberg - Bank of America. James Faucette - Morgan Stanley Operator Thank you for standing by. My name is Christin ...
DXC Technology(DXC) - 2024 Q3 - Earnings Call Presentation
2024-02-02 00:55
Non-GAAP Financial Measures One category of expenses excluded from adjusted EBIT and adjusted EBITDA, Non-GAAP income from continuing operations before tax, Non-GAAP net income attributable to DXC and Non-GAAP EPS, incremental amortization of intangible assets acquired through business combinations, may result in a significant difference in period over period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these noncash amounts are inconsistent in amoun ...
DXC Technology Company. (DXC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-02 00:31
For the quarter ended December 2023, DXC Technology Company. (DXC) reported revenue of $3.4 billion, down 4.7% over the same period last year. EPS came in at $0.87, compared to $0.95 in the year-ago quarter.The reported revenue represents a surprise of +1.21% over the Zacks Consensus Estimate of $3.36 billion. With the consensus EPS estimate being $0.77, the EPS surprise was +12.99%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...
DXC Technology Company. (DXC) Q3 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-01 23:31
DXC Technology Company. (DXC) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.99%. A quarter ago, it was expected that this company would post earnings of $0.68 per share when it actually produced earnings of $0.70, delivering a surprise of 2.94%.Over the last four quarters, the co ...
DXC Technology Reports Third Quarter Fiscal Year 2024 Results
Businesswire· 2024-02-01 21:16
ASHBURN, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) today reported results for the third quarter of fiscal year 2024. Raul Fernandez, Chief Executive Officer commented: “I am pleased to report that DXC delivered strong performance in the third quarter of fiscal '24. We achieved or exceeded our third quarter organic revenue, adjusted EBIT and non-GAAP EPS guidance and delivered $585 million of free cash flow in the quarter. The team is focused on building on this progress as we evolve the operating mo ...
DXC Technology(DXC) - 2024 Q3 - Quarterly Report
2024-02-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ____________ Commission File No.: 001-38033 DXC TECHNOLOGY COMPANY (Exact name of registrant as specified in its charter) Indicate by chec ...