CA, Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 45 cents per share, compared with the S&P Capital IQ consensus estimate of 60 cents per share.
EPS fell year over year from 46 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $197.5 million, a decline from $206.3 million in the year-earlier period.
The normalized profit margin fell to 18.1% from 18.3% in the year-earlier period.
Total revenue declined on an annual basis to $1.09 billion from $1.13 billion, and total operating expenses fell year over year to $767.0 million from $794.0 million.
Reported net income declined from the prior-year period to $216.1 million, or 49 cents per share, from $224.0 million, or 50 cents per share.