FMP
May 27, 2022 2:04 PM - Davit Kirakosyan
DXC Technology Company (NYSE:DXC) closed nearly 16% higher on Thursday despite the company’s reported Q4 results, with EPS of $0.84 coming in worse than the Street estimate of $0.99, mainly driven by topline softness, costs from exiting Russia, higher operating costs, and a higher than the anticipated tax rate. Revenue was $4.01 billion, missing the Street estimate of $4.12 billion.
The company’s guidance also came in worse than the Street estimates. Q1/23 EPS is expected in the range of $0.80-$0.85, compared to the consensus of $0.94, and revenue in the range of $3.7-3.75 billion, compared to the consensus of $4.03 billion. For the full 2023-year, the company expects EPS of $3.85-$4.15, compared to the consensus of $4.25, and revenue of $14.9-15.05 billion, compared to the consensus of $16.12 billion.
The share price increase, despite the miss, was probably due to investors focusing on the company’s attractive long-term outlook, with the company reiterating its targets for 2024 for 1%-3% organic revenue growth and around $1.5 billion in Free Cash Flow.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...