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Latest DXC News From Around the Web
Below are the latest news stories about DXC Technology Co that investors may wish to consider to help them evaluate DXC as an investment opportunity.
DXC Technology (DXC) rattled investor confidence when it announced a dividend suspension in its fourth-quarter earnings report. Selling volume surged beyond levels not seen since September 2019. At the time, DXC's stock was starting its descent from the $35.00 level. DXC is down around 5% since my last article here...
BMO Capital keeps a Market Perform rating on DXC Technology (DXC) and lowers its price target to $16."DXC had another challenging quarter, with declining bookings, EPS, and FCF. Much like the rest of our IT services companies, DXC withdrew guidance for the upcoming fiscal year," updates analyst Keith Bachman."We believe...
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
What happened Shares of DXC Technology (NYSE: DXC) slumped on Friday after the IT services provider reported mixed fiscal fourth-quarter results, suspended its dividend, and booked a large goodwill impairment charge.
Dow down more than 150 points, Big Lots jumps following earnings report Continue reading...
DXC Technology Co (NYSE: DXC) shares are trading lower on Friday, after the company reported worse-than-expected fourth-quarter sales results.DXC Technology reported quarterly earnings of $1.20 per share, which beat the analyst consensus estimate of 99 cents. The company reported quarterly sales of $4.82 billion, which missed the analyst consensus estimate of $4.89 billion.View more earnings on DXCFollowing earnings, JPMorgan downgraded the stock from Overweight to Neutral and lowered the price target from $25 to $17.DXC Technology is a vendor-independent IT services provider that started trading in April 2017. DXC was created via the amalgamation of Computer Sciences Corporation, or CSC, and Hewlett Packard Enterprise's Services business. The firm has roughly 6,000 clients, of which ov...
DXC Technology's (DXC) fiscal fourth-quarter results reflect strength in the digital business, driven by Luxoft. However, weakening customer relationships and price concessions affect the top line.
Slide 2 informs our participants that DXC Technology's presentation includes certain non-GAAP financial measures and certain further adjustments to these measures, which we believe provide useful information to our investors. Thank you, Shailesh, and I appreciate everyone joining us today.
TYSONS, Va.--(BUSINESS WIRE)--DXC Technology Reports Fourth Quarter and Fiscal 2020 Results
NEW YORK, NY / ACCESSWIRE / May 28, 2020 / DXC Technology Co. (NYSE:DXC) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on May 28, 2020 at 4:45 PM Eastern ...