DXC Technology Company reported positive results for its third fiscal quarter of 2026, driven by cost discipline and share buybacks. The company also projects expansion in earnings per share (EPS) for fiscal year 2027, leading to an upgrade of its stock to a “buy” rating.

The gains reported by DXC Technology reflect a focus on managing costs and returning value to shareholders through stock repurchases. These strategic initiatives have contributed to the company's improved financial performance in the third quarter.

Looking ahead, DXC Technology anticipates continued growth and profitability, with EPS expected to increase in fiscal year 2027. This positive outlook has prompted analysts to revise their rating on the stock, recommending investors purchase DXC shares. The specific details of the EPS expansion were not detailed in the initial report, but the expectation of growth is a key factor in the upgrade.

DXC Technology is a global technology services leader providing mission-critical IT solutions and staffing services. The company serves a wide range of industries, including healthcare, financial services, and government.