Xerox Holdings Corp expected to post earnings of 43 cents a share - Earnings Preview

Xerox Holdings

23/07/2024 11:53

* Xerox Holdings Corp  XRX.OQ   XRX.O  is expected to show a
fall
in quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Norwalk Connecticut-based  company is expected to
report a
8.8% decrease in revenue to $1.6 billion from $1.75 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Xerox Holdings Corp is
for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Xerox
Holdings
Corp is $14.00​, above​ its last closing price of $11.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.36        0.35       0.06      Missed  -83
 Dec. 31 2024  0.51        0.52       0.43      Missed  -16.8
 Sep. 30 2023  0.36        0.36       0.46      Beat    29.6​
 Jun. 30 2023  0.31        0.30       0.44      Beat    44.7
 ​​Mar.        0.18        0.17       0.49      Beat    185.3
 31 2023                                                
 Dec. 31 2022  0.52        0.49       0.89      Beat    80.5​
 Sep. 30 2022  0.38        0.40       0.19      Missed  -52.1
 Jun. 30 2022  0.06        0.08       0.13      Beat    58.5
 This summary was machine generated July 23 at 10:52 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)