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DXC Technology (DXC)
NYSE:DXC
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
$0.77Last Year’s EPS
$0.87Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -4.92%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with solid financial performance in terms of profitability and margin expansion, driven by AI initiatives and cost management. However, the company faced challenges with declining revenues, especially in the GBS and GIS segments, and a low book-to-bill ratio indicating headwinds in securing new business. The focus on improving sales execution and recent leadership changes provide hope for future improvement.Company Guidance
During the DXC Technology Q2 FY25 earnings call, the company provided an updated guidance that reflected a positive outlook based on its recent performance. The adjusted EBIT margin for the quarter was 8.6%, exceeding the company's guidance and marking a 130 basis point improvement year-over-year. Additionally, non-GAAP diluted EPS was $0.93, representing a 33% increase from the previous year. Total revenue declined 5.6% year-over-year on an organic basis, yet came in towards the high end of the expected range. As a result of these outcomes, DXC raised its full-year guidance for adjusted EBIT margin to a range of 7.0% to 7.5% and non-GAAP EPS to between $3.00 and $3.25. The company also reported generating $48 million in free cash flow for the quarter, contributing to a year-to-date total of $93 million, compared to $16 million during the same period last year. This performance led to an increased free cash flow guidance of approximately $550 million for the full year.Increase in Non-GAAP EPS
Non-GAAP diluted EPS was $0.93, up 33% year-over-year, driven by higher adjusted EBIT and a lower share count.
Improved Adjusted EBIT Margin
Adjusted EBIT margin expanded 130 basis points year-over-year to 8.6%, exceeding guidance.
Free Cash Flow Growth
Free cash flow for the year-to-date totals $93 million, compared to $16 million during the same period last year.
Positive Impact from AI Initiatives
Deployments in AI-powered solutions resulted in significant performance improvements for clients and increased fees by more than 10x.
GIS Margin Improvement
GIS profit margin expanded by 2.5 points year-to-year to 8.2%, attributed to disciplined resource management and optimization of data centers.
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DXC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DXC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $22.58 | $21.66 | -4.07% |
| Aug 08, 2024 | $18.33 | $19.64 | +7.15% |
| May 16, 2024 | $19.88 | $16.52 | -16.90% |
| Feb 01, 2024 | $21.65 | $21.67 | +0.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does DXC Technology (DXC) report earnings?
DXC Technology (DXC) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is DXC Technology (DXC) earnings time?
DXC Technology (DXC) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DXC EPS forecast?
DXC EPS forecast for the fiscal quarter 2025 (Q3) is $0.77.
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