WASHINGTON (dpa-AFX) - While reporting its results for the second quarter, DXC Technology Company (DXC) lifted its outlook for the full year 2025.
The company now expects revenue of $12.9 billion and $13.1 billion, a decline of 5.5% to 4.5% on an organic basis, compared to the prior guidance of a decline of 6.0% to 4.0%.
Adjusted EBIT margin is now expected to be 7.0% to 7.5%, compared to the prior guidance of 6.5% to 7.0%
Adjusted earnings is expected to be between $3.00 to $3.25, compared to the prior guidance of $2.75 to $3.00.
Free Cash Flow is expected to be about approximately $550 million, up from the prior guidance of approximately $450 million
Analysts polled by Thomson Reuters currently estimate earnings of $2.87 per share and revenues of $12.88 billion.
For the third quarter, the company expects revenues of $3.2 billion and $3.3 billion, adjusted EBIT margin between 7.0% to 7.5%, and adjusted earnings of $0.75 to $0.80 per share.
Analysts currently estimate earnings of $0.69 per share and revenues of $3.21 billion.
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