Computer Sciences Corp. (CSC) posted fourth-quarter net loss attributable to common shareholders of $158 million or $1.02 per share, as against a profit of $171 million or $1.09 per share last year. Quarterly earnings per share from continuing operations were $1.01 a year before.
On average, 9 analysts polled by Thomson Reuters expected earnings per share of $0.20 for the quarter. Analysts' estimates typically exclude one-time items.
Revenues for the latest quarter were $4.11 billion, compared with $4.20 billion in the earlier year period, and declined 1.5% in constant currency. Analysts estimated revenues of $4.10 billion for the quarter.
The company continues to evaluate the impact of the turnaround initiatives and would issue fiscal 2013 guidance at a later date, probably during the next earnings call which would be held in August.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.