Computer Sciences Earnings Preview: Get Ahead of the Analysts

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Computer Sciences (NYSE:CSC) will report earnings before markets open on Wednesday, May 15th. Computer Sciences Corporation provides consulting and information technology (NYSE:IT) services to industry and government. The Company provides consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting. Computer Sciences operates locations around the world.

Here is your Cheat Sheet to Computer Sciences Earnings:

Earnings Expectations: Analysts expect earnings of $0.99 per share on revenues of $3.86 billion. Currently, the company’s P/E ratio stands at 14.55.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.72 to a profit $0.69. For the current year, the average estimate is a profit of $2.75, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Computer Sciences has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 16,500 16,740 15,920 16,040 15,880
Diluted EPS ($) 3.20 7.31 5.28 4.73 -27.37

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 3,687 4,350 3,957 3,854 3,781
Diluted EPS ($) -8.96 -1.019 0.26 0.83 3.27

Past Performance:
Computer Sciences has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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