CA Technologies Q1 Earnings Retreat 5%

(RTTNews) - CA Technologies (CA) announced a profit for first quarter that dropped compared to the same period last year.

The company said its earnings dropped to $256 million, or $0.61 per share. This was lower than $269 million, or $0.64 per share, in last year's first quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.0% to $1.03 billion. This was up from $1.00 billion last year.

CA Technologies earnings at a glance:

-Earnings (Q1): $256 Mln. vs. $269 Mln. last year. -Earnings Decline (Y-o-Y): -4.8% -EPS (Q1): $0.61 vs. $0.64 last year. -EPS Decline (Y-o-Y): -4.7% -Analysts Estimate: $0.55 -Revenue (Q1): $1.03 Bln vs. $1.00 Bln last year. -Revenue Change (Y-o-Y): 3.0%

-Guidance: Full year EPS guidance: $2.42 - $2.48 Full year revenue guidance: $4.20 - $4.23 bln