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Computer Sciences' ([[CSC]] -14.4%) bad year gets worse thanks to the guidance cut attached to its FQ2 report. Blaming "federal budget uncertainty" and one-time charges, the company now expects FY12 revenue of $16.5B-$16.7B and EPS of $4.05-$4.10, compared with prior guidance of $16.5B-$17B and $4.70-$4.80.

Computer Sciences' (CSC -14.4%) bad year gets worse thanks to the guidance cut attached to its FQ2 report. Blaming "federal budget uncertainty" and one-time charges, the company now expects FY12 revenue of $16.5B-$16.7B and EPS of $4.05-$4.10, compared with prior guidance of $16.5B-$17B and $4.70-$4.80. Post your comment!
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