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DXC Technology (DXC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2024, DXC Technology Company. (DXC - Free Report) 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 -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how DXC Technology performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Global Business Service (GBS) - YoY change
: -1.8% versus -4.4% estimated by three analysts on average.
Total Revenues - YoY change
: -6.1% versus -8.7% estimated by three analysts on average.
Global Infrastructure Services (GIS) - YoY change
: -10.3% compared to the -12.9% average estimate based on three analysts.
Revenues- Global Infrastructure Services (GIS)
: $1.56 billion versus $1.52 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.5% change.
Revenues- Global Business Service (GBS)
: $1.67 billion versus the three-analyst average estimate of $1.63 billion. The reported number represents a year-over-year change of -1.9%.
Shares of DXC Technology have returned -4.1% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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DXC Technology (DXC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2024, DXC Technology Company. (DXC - Free Report) 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 -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how DXC Technology performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for DXC Technology here>>>Global Business Service (GBS) - YoY change
: -1.8% versus -4.4% estimated by three analysts on average.Total Revenues - YoY change
: -6.1% versus -8.7% estimated by three analysts on average.Global Infrastructure Services (GIS) - YoY change
: -10.3% compared to the -12.9% average estimate based on three analysts.Revenues- Global Infrastructure Services (GIS)
: $1.56 billion versus $1.52 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.5% change.Revenues- Global Business Service (GBS)
: $1.67 billion versus the three-analyst average estimate of $1.63 billion. The reported number represents a year-over-year change of -1.9%.Shares of DXC Technology have returned -4.1% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.