Xerox Holdings Corporation (XRX) Lags Q4 Earnings Estimates

Core Insights - Xerox Holdings Corporation reported quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.52 per share, and down from $0.43 per share a year ago, representing an earnings surprise of -30.77% [1] - The company posted revenues of $1.61 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.53%, but down from $1.77 billion year-over-year [2] - Xerox has not surpassed consensus EPS estimates over the last four quarters and has topped consensus revenue estimates only once during the same period [2] Earnings Outlook - The sustainability of Xerox's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $1.54 billion, and for the current fiscal year, it is $1.30 on revenues of $6.31 billion [7] Industry Context - The Office Supplies industry, to which Xerox belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Acco Brands, another company in the same industry, is expected to report quarterly earnings of $0.41 per share, reflecting a year-over-year change of +5.1%, with revenues projected to be $455.06 million, down 6.9% from the previous year [9]