Information technology services provider Computer Sciences Corp. (CSC) posted third-quarter net income attributable to common shareholders of $510 million, or $3.27 per share, as against a loss of $1.39 billion, or $8.96 per share a year before. Income from continuing operations totaled $123 million, or $0.77 per share this quarter, versus a $1.42 billion, or $9.15 per share loss in the previous year.
Revenues for the recent period were $3.78 billion, a 2.8% increase in constant currency from last year's $3.69 billion.
On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.58, on $3.69 billion revenue for the quarter. Analysts' estimates typically exclude one-time items.
In addition, the company has raised its fiscal 2013 target, now expecting earnings per share from continuing operations in the range of $2.50 - $2.70, while 8 analysts project full-year earnings of $2.37 per share. Earlier, earnings target for fiscal 2013 were set at $2.30 - $2.50 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.