Computer Sciences (NYSE: CSC ) is expected to report Q3 earnings on Feb. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Computer Sciences's revenues will shrink -4.5% and EPS will wane -53.3%.
The average estimate for revenue is $3.79 billion. On the bottom line, the average EPS estimate is $0.63.
Last quarter, Computer Sciences reported revenue of $3.85 billion. GAAP reported sales were 2.8% lower than the prior-year quarter's $3.97 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.83. GAAP EPS were $0.83 for Q2 against -$18.56 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.3%, 510 basis points better than the prior-year quarter. Operating margin was 7.4%, 500 basis points better than the prior-year quarter. Net margin was 3.4%, 7,590 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $15.53 billion. The average EPS estimate is $2.60.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 246 members out of 288 rating the stock outperform, and 42 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give Computer Sciences a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Computer Sciences is hold, with an average price target of $31.77.
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