earnings
confidence high
sentiment neutral
materiality 0.70
DXC Q4 FY22 rev $4.01B (-8.6%), adj EPS $0.84; FY23 guide organic rev (2.5%)-(1.5%)
DXC Technology Co
2022-FY EPS reported
$2.81
revenue$16,265,000,000
- Q4 revenue $4.01B missed guidance; organic rev -2.8% with $52M FX headwind and ~$16M Ukraine costs.
- Non-GAAP EPS $0.84 (up 14% YoY) but below guidance due to $0.04 Ukraine costs, $0.07 tax write-down, $0.06 energy costs.
- FY22 FCF $743M vs -$652M prior year (+$1.4B); repurchased 18.8M shares for $634M, 7% of shares outstanding.
- Exited Russian business; annual revenue reduction ~$140M. Ukraine business ~$250M revenue only minor conflict impact.
- FY23 guide: Q1 organic rev (2.5%)-(1.5%), adj EBIT margin 7.5-8.0%; FY24 targets: 1-3% organic growth, adj EBIT margin 10-11%.