Long-Term Outlook Sparks EDS

Revenue from General Motors decreased 6% from a year ago to $447 million.

On Friday, EDS also said earnings before items for the full year would be 10 cents better than anticipated, with the new range between 50 cents and 60 cents a share. EDS still sees total contract signings with a value of around $20 billion for the full year and projected revenue for the year would range from $20 billion to $21 billion.

For the full year, analysts were most recently expecting earnings of 45 cents a share on sales of $20.3 billion.