DXC Technology Shares Slide After Outlook Misses Expectations

Dow Jones
May 08
 

By Nicholas G. Miller

 

DXC Technology shares fell after the company's guidance missed Wall Street's expectations.

The stock declined 17% to $10 in off-hours trading. Through Thursday's close it was down 18% so far this year.

The company guided for fiscal 2027 revenue of $12.11 billion to $12.35 billion and adjusted earnings of $2.40 to $2.90 a share. Analysts had expected sales of $12.33 billion and adjusted earnings of $3.28 a share.

It also forecast first-quarter revenue of $2.97 billion to $3 billion and adjusted earnings of about 40 cents a share. Analysts had predicted revenue of $3.1 billion and adjusted earnings of 68 cents a share.

For the fiscal fourth quarter, revenue fell 1.2% to $3.13 billion. Analysts polled by FactSet expected $3.17 billion.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

May 08, 2026 06:53 ET (10:53 GMT)

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