Xerox Holdings Corp reports results for the quarter ended December 31 - Earnings Summary

Xerox Holdings

28/01/2025 14:32

* Xerox Holdings Corp  XRX.OQ  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 43 cents.  The mean expectation of
three analysts for the quarter was for earnings of 53 cents per
share. Wall Street expected results to range from 49 cents to 59
cents per share.
    * Revenue fell 8.6% to $1.61 billion from a year ago;
analysts
expected $1.57 billion. 
    * Xerox Holdings Corp's reported EPS for the quarter was a
loss
of 20 cents​.
    * The company reported a quarterly loss of $24 million.
    * Xerox Holdings Corp shares had risen by 15.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the office
equipment
peer group is also "hold"

Wall Street's median 12-month price target for Xerox Holdings
Corp is $8.00 
This summary was machine generated from LSEG data January 28 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.53           0.36           Missed
 Sep. 30 2024      0.51           0.25           Missed
 Jun. 30 2024      0.43           0.29           Missed
 Mar. 31 2024      0.35           0.06           Missed