Xerox Holdings Corp reports results for the quarter ended June 30 - Earnings Summary
Xerox Holdings Corp reports results for the quarter ended June 30 - Earnings Summary
Xerox Holdings Corp XRX.OQ reported quarterly adjusted earnings of 38 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -64 cents. The mean expectation of three analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -29 cents tozero cents per share.
Revenue rose 22% to $1.92 billion from a year ago; analysts expected $1.90 billion.
Xerox Holdings Corp's reported EPS for the quarter was 7 cents.
The company reported quarterly net income of $10 million.
Xerox Holdings Corp shares had fallen by 15.7% this quarter and gained 11.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 61.1% 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 no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the office equipment peer group is "buy."
Wall Street's median 12-month price target for Xerox Holdings Corp is $2.75, about 4% above its last closing price of $2.64
This summary was machine generated from LSEG data July 30 at 12:07 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 |
Jun. 30 2026 | -0.14 | 0.38 | Beat |
Mar. 31 2026 | -0.27 | -0.43 | Missed |
Dec. 31 2025 | 0.10 | -0.10 | Missed |
Sep. 30 2025 | 0.12 | 0.20 | Beat |
Recent news on Xerox Holdings
See all newsBrief: Vection Technologies And Xerox Sign Reciprocal Master Reseller Agreements
Investor urges Xerox to explore options for financial services unit (updated)
Xerox investor urges review of financial services unit, Bloomberg News reports
Brief: Xerox Shareholder Pushing Co To Take Action To Unlock Shareholder Value, Asking For Strategic Review Of Its Financial Services Business - Bloomberg News
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