DXC Technology Q2 Adj EPS $0.70 Beats $0.67 Estimate, Sales $3.436B Miss $3.437B Estimate
Portfolio Pulse from Benzinga Newsdesk
DXC Technology reported Q2 adjusted earnings of $0.70 per share, beating the analyst consensus estimate of $0.67 by 4.48%. However, this is a 6.67% decrease from the same period last year. The company's quarterly sales of $3.436 billion missed the analyst consensus estimate of $3.437 billion, marking a 3.65% decrease from the same period last year.

November 01, 2023 | 8:21 pm
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DXC Technology's Q2 earnings beat estimates but sales missed and both earnings and sales decreased from last year.
DXC Technology's earnings beat estimates, which is positive. However, the company missed sales estimates and both earnings and sales decreased from the same period last year, which is negative. The negative factors may outweigh the positive, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100