Investing.com - DXC Technology reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
DXC Technology announced earnings per share of $0.92 on revenue of $4.09B. Analysts polled by Investing.com anticipated EPS of $0.9142 on revenue of $4.1B.
DXC Technology shares are down 4% from the beginning of the year and are trading at $30.25 , down-from-52-week-high.They are broadly in line with the S&P 500 which is down 3.71% from the start of the year.
DXC Technology shares lost 1.43% in after-hours trade after the report.
DXC Technology follows other major Information Technology sector earnings this month
DXC Technology's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.
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