Why Xerox Stock Dropped 12% on Tuesday

Xerox has fallen. Can it get up?Xerox Holdings (XRX -7.88%) shares tumbled 11.7% through 10:25 a.m. ET Tuesday after the company missed analyst forecasts for quarterly earnings but beat on sales.Heading into its fiscal Q4 report, analysts predicted the office printer company would earn $0.49 per share on just under$1.6 billion in sales. In fact, Xerox reported just over $1.6 billion in sales. However, its earnings for the final quarter of fiscal 2024 were a disappointing$0.36 per share. Xerox Q4 earningsS ...