Computer Sciences Corporation (NYSE:CSC) Q3 2017 Earnings Conference Call - Final Transcript

Feb 02, 2017 • 05:00 pm ET

Previous

Computer Sciences Corporation (NYSE:CSC) Q3 2017 Earnings Conference Call - Final Transcript

Share
Close

Loading Event

Loading Transcript

Presentation
Executive
Paul N. Saleh

$3. Our bias remains towards the lower end of that range, given the strength of the U.S. dollar.

Now, our EPS target assumes a tax rate in the low-20s. Now, this is for the full year based on our current global mix of income. Now, this implies a higher tax rate for the fourth quarter, pretty much consistent with what we saw in the third quarter. However, we continue to work on tax planning strategies to optimize our effective tax rate. Our adjusted free cash flow target for fiscal '17 remains at 100 percent plus of our adjusted net income.

I will now hand the call back to the operator for the Q&A session.

Executive
J. Michael Lawrie

So, Paul, thanks. That took it out of you where you mightily soldiered on here. Thank you for doing that. And if you can keep generating that kind of working capital performance, you don't have to talk ever again.

Okay. Operator, we'll be happy to take some questions.