Xerox Holdings Corporation (XRX) Reports Q1 Loss, Lags Revenue Estimates

Core Viewpoint - Xerox Holdings Corporation reported a quarterly loss of $0.06 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.05, marking an earnings surprise of -20% [1] - The company has consistently missed consensus EPS estimates over the last four quarters [2] Financial Performance - Xerox posted revenues of $1.46 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.19%, compared to $1.5 billion in revenues a year ago [2] - The company has only surpassed consensus revenue estimates once in the last four quarters [2] Stock Performance - Xerox shares have declined approximately 47.7% since the beginning of the year, in contrast to the S&P 500's decline of -5.3% [3] - The current Zacks Rank for Xerox is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $1.58 billion, and for the current fiscal year, it is $0.72 on revenues of $6.25 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable [6] Industry Context - The Office Supplies industry, to which Xerox belongs, is currently ranked in the bottom 13% of over 250 Zacks industries, suggesting a challenging environment [8]