CA Inc. Reports Earnings; Shares Fall: COO to Leave

Shares of CA Inc. (NASDAQ: CA) are falling in the after-market after the company reported earnings that were mixed. The company said that EPS came in at $0.19 on $1.1 billion in revenue. Excluding restructuring charges, the company earned $0.34 per share; the Street was looking for $0.36 EPS on $1.13 billion in revenue.

The company also said that:

• Bookings fell 1%, and declined 4% on a constant-currency basis.
• Revenue in North America rose 7%, while it climbed 6% internationally.
• Operating margin to 21% from 17.4%.

Meanwhile, President and Chief Operating Officer Michael Christenson will leave the company at the end of the month. He joined CA in 2005 and became COO in 2006. Christenson, who CA said won't be replaced, was named president in 2008.

Guidance for CA Inc. was within the Street's expectations for the New Year: $1.87-1.95 EPS on $4.5-4.6 billion in revenue.

CA Inc. shares closed at $21.88, flat on the session.