Gartner IncGartner had the best quarter with revenues beating expectations by 1.8%.
DXC Technology reported second quarter revenues of $3.00 billion, down 5.1% year on year, which was in line with analysts' expectations but accompanied by a significant miss of analysts' EPS estimates. President and CEO Raul Fernandez said the first quarter results were in line with expectations and the company is maintaining its full-year guidance. DXC delivered the slowest revenue growth and weakest full-year guidance update among its peers, and the stock is down 6.6% since reporting, currently trading at $10.50. Among the eight IT services and consulting stocks tracked, Gartner had the best quarter with revenues of $1.68 billion, flat year on year and beating analysts' expectations by 1.8%, while Accenture was the weakest with revenues of $18.72 billion, up 5.6% year on year but with next quarter revenue guidance missing expectations.
Gartner IncGartner had the best quarter with revenues beating expectations by 1.8%.
Everforth, Inc.
DXC Technology CoDXC reported EPS miss and slowest revenue growth among peers, stock down 6.6%.
Accenture plcAccenture's next quarter revenue guidance missed expectations, making it the weakest among peers.
International Business Machines
Kyndryl Holdings Inc