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XRX — Xerox Holdings News Story

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Xerox Holdings Corp expected to post earnings of 53 cents a share - Earnings Preview

* Xerox Holdings Corp  XRX.OQ   XRX.O  is expected to show a
fall
in quarterly revenue when it reports  results on January 28 for
the period ending December 31 2024
    * The Norwalk Connecticut-based  company is expected to
report a
11.0% decrease in revenue to $1.572 billion from $1.77 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Xerox Holdings Corp is
for
earnings of 53 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 2 "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 $8.00​, below​ its last closing price of $9.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.50        0.51       0.25      Missed  -50.8
 Jun. 30 2024  0.43        0.43       0.29      Missed  -32.5
 Mar. 31 2024  0.36        0.35       0.06      Missed  -83​
 Dec. 31 2023  0.51        0.52       0.43      Missed  -16.8
 ​​Sep.        0.36        0.36       0.46      Beat    29.6
 30 2023                                                
 Jun. 30 2023  0.31        0.30       0.44      Beat    44.7​
 Mar. 31 2023  0.18        0.17       0.49      Beat    185.3
 Dec. 31 2022  0.52        0.49       0.89      Beat    80.5
 This summary was machine generated January 24 at 13:43 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)

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