NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced a collection of new solutions and services designed to accelerate digital transformation, productivity, and security in the hybrid workplace, while saving time and reducing IT hassles. “Xerox is driving innovation in the areas where our clients need it most,” said Terry Antinora, vice president and general manager of global offering solutions at Xerox. “With our focus on user experience, comprehensive hardware, and ...

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Xerox Holdings Corporation (XRX) reported lower-than-expected fourth-quarter 2023 results, wherein earnings and revenues declined from the year-ago quarter. Despite the earnings miss, the stock gained 5% since the company’s earnings release on Jan 25.Adjusted earnings per share (EPS) of 43 cents missed the Zacks Consensus Estimate by 15.7% and decreased 51.7% year over year. Total revenues of $1.77 billion lagged the consensus mark by 1.6% and decreased 9.1% year over year on a reported basis. Revenues decl ...

Xerox Holdings (XRX 11.56%) shares powered 12.6% higher through 12:20 p.m. ET on Thursday, despite missing analyst targets for both sales and earnings.Heading into its fiscal Q4 report, analysts had predicted this office printer company would suffer a steep decline in earnings versus last year -- and they were right. Instead of the $0.89 per-share adjusted profit that Xerox earned in Q4 2022, the company reported just $0.43 per share in adjusted earnings this time around. That was a decline of more than hal ...

Xerox Holdings Corporation (NASDAQ:XRX) Q4 2023 Earnings Conference Call January 25, 2024 8:00 AM ET Company Participants David Beckel - Vice President, Investor Relations Steve Bandrowczak - Chief Executive Officer John Bruno - President and Chief Operating Officer Xavier Heiss - Executive Vice President and Chief Financial Officer Conference Call Participants Ananda Baruah - Loop Capital Samik Chatterjee - J.P. Morgan Erik Woodring - Morgan Stanley Operator Welcome to the Xerox Holdings Corporation's Four ...

Xerox Holdings Corporation (XRX) reported $1.77 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 9.1%. EPS of $0.43 for the same period compares to $0.89 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.79 billion, representing a surprise of -1.60%. The company delivered an EPS surprise of -15.69%, with the consensus EPS estimate being $0.51.While investors scrutinize revenue and earnings changes year-over-year and how they compar ...

Xerox Holdings Corporation (XRX) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.69%. A quarter ago, it was expected that this company would post earnings of $0.34 per share when it actually produced earnings of $0.46, delivering a surprise of 35.29%.Over the last four quarters, t ...

Earnings Presentation Q4 2023 Results 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 identify forward-looking s ...

Key PointsXerox stock is one of those boring classic names that could hold a ton of deep value in today's market.Management and some other big Wall Street players see the beginning of a turnaround, mainly after financials bumped higher.Its attractive dividend yield is only one of the many votes of confidence management sends to the market.5 stocks we like better than JPMorgan Chase & Co.Has the effect of growth and hype preference faded off from the 2022-2023 mania in sectors like technology stocks and, mor ...

Wall Street analysts forecast that Xerox Holdings Corporation (XRX) will report quarterly earnings of $0.51 per share in its upcoming release, pointing to a year-over-year decline of 42.7%. It is anticipated that revenues will amount to $1.79 billion, exhibiting a decline of 7.6% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this ti ...