Why DXC Stock Gained Today

Shares of DXC Technology (NYSE: DXC) have gained today, up by 5% as of 1:20 p.m. EDT, after the company reported fiscal first-quarter earnings. The consensus estimate had called for just $0.11 per share in adjusted profits. The information technology consulting company said total bookings were $5.3 billion during the quarter, representing a book-to-bill ratio of 1.2.