DXC Technology Sees Q2 Adj. EPS $0.65-$0.70 vs $0.92 Est., Sees FY24 Adj. EPS $3.15-$3.40 vs $3.86 Est.
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DXC Technology has projected its Q2 adjusted EPS to be between $0.65 and $0.70, lower than the estimated $0.92. The company also forecasts its FY24 adjusted EPS to be between $3.15 and $3.40, which is below the estimated $3.86.
August 04, 2023 | 12:11 pm
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DXC Technology's lower than expected Q2 and FY24 adjusted EPS projections may negatively impact its stock price in the short term.
Earnings per share (EPS) is a key indicator of a company's profitability. Lower than expected EPS often leads to a decrease in the company's stock price as it indicates that the company may not be performing as well as investors expected. In this case, DXC Technology's lower than expected Q2 and FY24 EPS projections may lead to a decrease in its stock price.
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IMPORTANCE 80
RELEVANCE 100