In the recent news, DXC Technology (NYSE:DXC) has reported disappointing earnings for fiscal Q4 2024, which has caused a decline in its stock price. The company’s guidance for fiscal Q1 2025 is not optimistic, with adjusted EPS expected to range from 55 cents to 60 cents and revenue projected to be between $3.1 billion and $3.15 billion, missing analysts’ estimates.
Looking ahead to the full year of 2025, DXC Technology forecasts adjusted EPS between $2.50 and $3, with revenue ranging from $12.67 billion to $12.95 billion, yet again falling short of analysts’ expectations. Despite this negative outlook, DXC Technology reported solid earnings for Q4, with an adjusted EPS of 97 cents that beat analysts’ estimate of 83 cents although it was down year-over-year. Revenue for the quarter came in at $3.39 billion, slightly surpassing analysts’ expectations but showing a decrease from the previous year.
As a result of the disappointing guidance for fiscal 2025, DXC stock has declined by 23.8% as of Friday morning. Investors may want to stay updated on other stock market news such as updates on AmpliTech (NASDAQ: AMPG), Akanda (NASDAQ: AKAN), and Fangdd Network (NASDAQ: DUO) stocks. For more information on the latest stock market news on Friday, investors can visit the provided links. Please note that as of the publication date, the writer did not hold any positions in the securities mentioned in the article. The opinions expressed are those of the writer and comply with the InvestorPlace
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/3CBX2TPILREBPEDECRWFYCEB5I.jpg)