DXC Technology Continues To Expect FY24 Adj EPS Of $3.15-$3.40; Cuts Revenue Outlook From $13.88B-$14.03B To $13.58B-$13.73B
Portfolio Pulse from Benzinga Newsdesk
DXC Technology has revised its FY24 revenue outlook downwards from $13.88B-$14.03B to $13.58B-$13.73B. However, the company maintains its adjusted EPS forecast of $3.15-$3.40.
November 01, 2023 | 9:23 pm
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DXC Technology's downward revision of its FY24 revenue outlook could negatively impact its stock price in the short term.
Investors often react negatively to downward revisions in revenue forecasts, as it indicates potential challenges in the company's growth or profitability. This could lead to a short-term decrease in DXC Technology's stock price.
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