03.11.2016 21:43:42
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Computer Sciences Corp. Earnings Advance 21% In Q2
(RTTNews) - Computer Sciences Corp. (CSC) announced a profit for its second quarter that increased from last year.
The company said its bottom line rose to $94 million, or $0.61 per share. This was higher than $78 million, or $0.55 per share, in last year's second quarter.
Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 6.9% to $1.87 billion. This was up from $1.75 billion last year.
Computer Sciences Corp. earnings at a glance:
-Earnings (Q2): $94 Mln. vs. $78 Mln. last year. -Earnings Growth (Y-o-Y): 20.5% -EPS (Q2): $0.61 vs. $0.55 last year. -EPS Growth (Y-o-Y): 10.9% -Analysts Estimate: $0.47 -Revenue (Q2): $1.87 Bln vs. $1.75 Bln last year. -Revenue Change (Y-o-Y): 6.9%
-Guidance: Full year EPS guidance: $2.75 to $3.00
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