DXC Technology Company (NYSE:DXC) is reporting second quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.38 per share.
For the full year, analysts predict revenues of $ 17658.50 million, while looking forward to income of $ 2.23 per share.
The Company Outlook
Earnings for 2Q21 are anticipated in a range of $ 0.30 ~ $ 0.35 per share, while revenues are expected in a range of $ 4,400.00 million ~ $ 4,450.00 million
Click Here For More Historical Outlooks Of DXC Technology Company
Previous Quarter Performance
DXC Technology Company reported income for the first quarter of $ 0.21 per share, from the revenue of $ 4,502.00 million. The quarterly earnings reduced 87.93 percent while revenues declined 7.93 percent compared with the same quarter last year.
Street analysts expected DXC Technology Company to report income of $ 0.12 per share on revenue of $ 4323.52 million for the first quarter. The bottom line results beat street analysts by $ 0.09 or 75.00 percent, at the same time, top line results outshined analysts by $ 178.48 million or 4.13 percent.
Stock Performance
Shares of DXC Technology Company traded low $ -0.46 or -2.36 percent on Wednesday, reaching $ 19.07 with volume of 1.90 million shares. DXC Technology Company has traded high as $ 19.86 and has cracked $ 18.96 on the downward trend
The closing price of $ 19.07, representing a 147.22 % increase from the 52 week low of $ 7.90 and a 49.1 % decrease over the 52 week high of $ 38.37.
The company has a market capital of $ 4.85 billion and is part of the Technology sector and Information Technology Services industry.
Conference Call
DXC Technology Company will be hosting a conference call at 4:45 PM eastern time on 5th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dxc.technology
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising enterprise, cloud application, and consulting services; application services; analytics services; business process services; and industry software and solutions.
