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Computer Sciences Corp. (CSC) Is Sharply Lower On Weak Guidance News

Computer Sciences Corp. (CSC) announced after the bell Tuesday that it now expects to report fourth quarter adjusted net income of $0.19 to $0.21 and between $2.45 and $2.49 for the full year 2012. The consensus estimates are for EPS of $0.97 and $4.30.

Computer Sciences has gapped open sharply lower Wednesday and is now down 2.39 at $25.79. The stock has been declining for the past month and has set over a 2-month low.

by RTT Staff Writer

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