Investing.com - DXC Technology reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DXC Technology announced earnings per share of $0.74 on revenue of $4.39B. Analysts polled by Investing.com anticipated EPS of $0.7013 on revenue of $4.29B.
DXC Technology shares are up 43% from the beginning of the year and are trading at $36.89 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.72% from the start of the year.
DXC Technology follows other major Technology sector earnings this month
DXC Technology's report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
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