DXC Technology Company. (DXC) Beats Q3 Earnings Estimates

Core Viewpoint - DXC Technology Company reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of$ 0.77 per share, and showing an increase from $0.87 per share a year ago, representing an earnings surprise of 19.48% [1][2] Financial Performance - The company posted revenues of$ 3.23 billion for the quarter ended December 2024, which was a miss against the Zacks Consensus Estimate by 0.69%, and a decrease from $3.4 billion year-over-year [2] - Over the last four quarters, DXC Technology has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - DXC Technology shares have increased approximately 10.2% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is$ 0.74 on revenues of $3.23 billion, and for the current fiscal year, it is$ 3.17 on revenues of $12.95 billion [7] Industry Context - The Computers - IT Services industry, to which DXC Technology belongs, is currently ranked in the top 18% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]