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EDS Light on Contracts

Stock quotes in this article: EDS , KO , VZ  

Updated from 4:47 p.m. EDT

Tech services giant EDS (EDS Quote) edged past second-quarter earnings estimates and guided in line for the full year, but quarterly contract signings came up light.

The company reported net income of $138 million, or 26 cents a share, up from $104 million, or 20 cents a share, in the same quarter a year earlier.

Factoring out charges from discontinued operations, earnings rose 35% to 27 cents a share. This beat analysts' average estimate by a penny. ...

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