DXC Technology Raises FY25 Adj. EPS From $2.50-$3.00 To $2.75-$3.00 Vs $2.71 Est.; Revenue $12.67B-$12.95B To $12.74B-$13.02B Vs $12.800B Est.
Portfolio Pulse from Benzinga Newsdesk
DXC Technology has raised its FY25 adjusted EPS guidance from $2.50-$3.00 to $2.75-$3.00, compared to the $2.71 estimate. Additionally, the company has increased its revenue guidance from $12.67B-$12.95B to $12.74B-$13.02B, compared to the $12.800B estimate.
August 08, 2024 | 9:18 pm
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POSITIVE IMPACT
DXC Technology has raised its FY25 adjusted EPS and revenue guidance, indicating a positive outlook for the company's financial performance.
The increase in both EPS and revenue guidance suggests that DXC Technology is performing better than previously expected. This positive revision is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100