Xerox Holdings Corporation’s (XRX) stock has declined 8.7% since the company’s second-quarter 2024 results. This downward trajectory can be attributed to dismal quarterly performance and weak guidance.Second quarter adjusted EPS of 29 cents missed the Zacks Consensus Estimate by 37% and declined 34% year over year. Total revenues of $1.58 billion missed the consensus mark by 3.1% and decreased 10% year over year on a reported basis. Revenues declined 9.6% on a constant-currency (CC) basis.Xerox lowered its ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to XEROX HOLDINGS CORPORATION XEROX CORPORATION (Exact Name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organizat ...

Xerox Holdings Corporation (NASDAQ:XRX) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants David Beckel - VP, IR Steve Bandrowczak - CEO John G. Bruno - President and COO Xavier Heiss - CFO Conference Call Participants Ananda Baruah - Loop Capital Samik Chatterjee - J.P. Morgan Unidentified Analyst - Morgan Stanley Asiya Merchant - Citigroup Operator Welcome to the Xerox Holdings Corporation's Second Quarter 2024 Earnings Release Conference Call. After the presentation there will ...

Xerox Holdings Corporation (XRX) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -36.96%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.06, delivering a surprise of -84.21%.Over the last four quarters, ...

Earnings Presentation Q2 2024 Results July 25, 2024 xerox 2 Forward-Looking Statements This presentation and other written or oral statements made from time to time by management contain "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate", "believe", "estimate", "expect", "intend", "will", "should", "targeting", "projecting", "driving" and similar expressions, as they relate to us, our performance and/or our technology, are intended to iden ...

EXHIBIT 99.1 News from Xerox Holdings Corporation Xerox Releases Second-Quarter Results Reinvention drives sequential operating and financial improvements in Q2; Company revises full-year outlook, reiterates three-year adjusted operating income improvement target Financial Summary Q2 2024 • Revenue of $1.58 billion, down 10 percent, or 9.6 percent in constant currency. • GAAP net income of $18 million, or $0.11 per share, up $79 million or $0.52 per share, year-over-year, respectively. • Adjusted net income ...

Xerox Holdings Corporation (XRX) is currently banking on "Project Own It" and a post-sale-driven business model in its endeavor for a strong top and bottom-line performance.The company’s earnings are anticipated to register growth of 12.6% and 10.7% in 2024 and 2025, respectively.Factors That Bode WellXerox is expanding its presence in small and mid-sized markets, particularly in the United States, U.K., and Canada, through Xerox Business Solutions and acquiring dealers and IT services providers globally. T ...

It has been about a month since the last earnings report for Xerox Holdings Corporation (XRX) . Shares have lost about 3.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Xerox due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Xerox Misses Q1 Earnings EstimatesXero ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to XEROX HOLDINGS CORPORATION XEROX CORPORATION (Exact Name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organiza ...

Xerox Holdings Corporation (XRX) reported dismal first-quarter 2024 results, wherein both earnings and revenues missed the Zacks Consensus Estimate.The discouraging numbers caused the stock to decline 2.6% since the company’s earnings release on Apr 23. Xerox had depreciated 21.5% year to date against the 0.4% growth of the industry it belongs to.First quarter adjusted EPS of 6 cents missed the Zacks Consensus Estimate by 84.2% and declined more than 87.8%% year over year. Total revenues of $1.5 billion mis ...