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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