U.S. markets close in 3 hours 6 minutes
  • S&P 500

    3,673.81
    +4.80 (+0.13%)
     
  • Dow 30

    30,055.82
    +172.03 (+0.58%)
     
  • Nasdaq

    12,399.08
    +49.72 (+0.40%)
     
  • Russell 2000

    1,859.04
    +21.01 (+1.14%)
     
  • Crude Oil

    45.73
    +0.45 (+0.99%)
     
  • Gold

    1,841.40
    +11.20 (+0.61%)
     
  • Silver

    24.13
    +0.05 (+0.21%)
     
  • EUR/USD

    1.2151
    +0.0035 (+0.29%)
     
  • 10-Yr Bond

    0.9200
    -0.0280 (-2.95%)
     
  • GBP/USD

    1.3489
    +0.0113 (+0.85%)
     
  • USD/JPY

    103.8450
    -0.5790 (-0.55%)
     
  • BTC-USD

    19,294.10
    +345.20 (+1.82%)
     
  • CMC Crypto 200

    379.51
    +5.10 (+1.36%)
     
  • FTSE 100

    6,490.27
    +26.88 (+0.42%)
     
  • Nikkei 225

    26,809.37
    +8.39 (+0.03%)
     

Perspecta: Fiscal 2Q Earnings Snapshot

·1 min read

CHANTILLY, Va. (AP) _ Perspecta Inc. (PRSP) on Tuesday reported fiscal second-quarter earnings of $16 million.

On a per-share basis, the Chantilly, Virginia-based company said it had profit of 10 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 53 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.

The company posted revenue of $1.14 billion in the period.

Perspecta expects full-year earnings in the range of $2.03 to $2.11 per share, with revenue in the range of $4.41 billion to $4.56 billion.

Perspecta shares have declined 16% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.11, a drop of 20% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRSP at https://www.zacks.com/ap/PRSP