DXC Technology Company. (DXC) Expected to Beat Earnings Estimates is the haedline, but then you read the details "This company is expected to post quarterly earnings of $0.54 per share in its upcoming report, which represents a year-over-year change of -56.8%." Yes a negative 56.8% earnings over last year
https://www.nasdaq.com/articles/dxc-technology-company.-dxc-expected-to-beat-earnings-estimates%3A-what-to-know-ahead-of-q3
Look closely at the quality of the revenue, or lack thereof.
Could revenue be down because of the Milano sell off. Fairly sure that was a chunk of revenue... Just saying.
same article has the following as well
"Revenues are expected to be $4.22 billion, down 16% from the year-ago quarter" which equates to about $800M. So approx 5 more years of this and revenue will be just about 0.
No doubt totally blamed on "currency headwinds" and of course Covid - the Covid excuse cannot be used after this quarter as lockdowns were already starting same time last quarter, and isn't it strange we never see mention when results are assisted by "currency tailwinds"
DXC will beat estimates because everyone has such a low opinion of DXC's ability to do anything well.