DXC Technology Company (NYSE:DXC) provides information technology services and solutions that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on DXC’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that DXC Technology could be a solid choice for investors.
Current Quarter Estimates for DXC
In the past 30 days, eight estimates have gone higher for DXC Technology while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from $1.81 a share 30 days ago, to $1.96 today, a move of 8.3%.
Current Year Estimates for DXC
Meanwhile, DXC Technology current year figures are also looking quite promising, with ten estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $6.84 per share 30 days ago to $7.39 per share today, an increase of 8%.
DXC Technology Company. Price and Consensus
DXC Technology Company. (DXC): Free Stock Analysis Report
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