Computer Sciences Corp. (CSC) reported third quarter adjusted EPS of $0.64 Tuesday morning, down from $0.78 in the prior year period. The consensus estimate was for EPS of $0.58. The company also increased its full year 2013 EPS forecast to between $2.50 and $2.70, from prior expectations of $2.30 to $2.50. The consensus estimate is for EPS of $2.37.
Computer Sciences gapped up Tuesday and rose steadily until around mid-morning, before settling into a range. Shares finished up by 3.84 at $45.75, with volume at a 3-month high. The stock surged past the upper end of a 2-week range and set a new high for the year.
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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.