DXC Technology shares are trading lower after the company reported worse-than-expected Q1 FY24 results and issued a below-consensus outlook.
Portfolio Pulse from Benzinga Newsdesk
DXC Technology reported worse-than-expected Q1 FY24 results and issued a below-consensus outlook, leading to a drop in its share price.
August 04, 2023 | 12:38 pm
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NEGATIVE IMPACT
DXC Technology's Q1 FY24 results were below expectations and the company issued a below-consensus outlook, causing its stock price to fall.
DXC Technology's worse-than-expected Q1 FY24 results and below-consensus outlook are negative indicators for the company's performance. This has led to a decrease in investor confidence, reflected in the drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100