DXC Technology (DXC) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - DXC Technology Company reported $3.23 billion in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 5.1% [1] - The company's EPS for the same period was $0.92, an increase from $0.87 a year ago, resulting in an EPS surprise of +19.48% compared to the consensus estimate of $0.77 [1] - The reported revenue fell short of the Zacks Consensus Estimate of $3.25 billion, resulting in a surprise of -0.69% [1] Financial Performance Metrics - Global Business Service (GBS) revenue decreased by 1.9% year-over-year, compared to an estimated decline of 0.8% by analysts [4] - Total revenues experienced a year-over-year decline of 5.7%, against the three-analyst average estimate of -4.8% [4] - Global Infrastructure Services (GIS) revenue declined by 9.4% year-over-year, compared to an estimated decline of 8.7% [4] - GIS revenues were reported at $1.56 billion, slightly above the average estimate of $1.55 billion, representing a year-over-year change of -8.4% [4] - GBS revenues were reported at $1.67 billion, slightly below the average estimate of $1.68 billion, indicating a year-over-year change of -1.5% [4] Stock Performance - Shares of DXC Technology have returned +9% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]