Investing.com - DXC Technology reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DXC Technology announced earnings per share of $0.84 on revenue of $4.29B. Analysts polled by Investing.com anticipated EPS of $0.5435 on revenue of $4.19B.
DXC Technology shares are up 2% from the beginning of the year, still down 26.04% from its 52 week high of $35.75 set on February 7, 2020. They are under-performing the S&P 500 which is up 3.08% from the start of the year.
DXC Technology shares gained 2.12% in after-hours trade following the report.
DXC Technology follows other major Technology sector earnings this month
DXC Technology's report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
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