Investing.com - DXC Technology reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
DXC Technology announced earnings per share of $0.84 on revenue of $4.01B. Analysts polled by Investing.com anticipated EPS of $0.9925 on revenue of $4.12B.
DXC Technology shares are down 8% from the beginning of the year and are trading at $29.30 , down-from-52-week-high.They are outperforming the S&P 500 which is down 16.52% from the start of the year.
DXC Technology shares lost 0.51% in after-hours trade the report.
DXC Technology follows other major Information Technology sector earnings this month
DXC Technology's report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on April 26 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.
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