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

Xerox Holdings

01/05/2025 12:31

Xerox Holdings Corp XRX.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 6 cents.  The mean expectation of three analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -6 cents tozero cents per share.

Revenue fell 3% to $1.46 billion from a year ago; analysts expected $1.50 billion.

Xerox Holdings Corp's reported EPS for the quarter was a loss of 75 cents​.

The company reported a quarterly loss of $94 million.

Xerox Holdings Corp shares had fallen by 8.7% this quarter and lost 47.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 131% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

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 1 "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 $11.46

This summary was machine generated from LSEG data May 1 at 11:31 a.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
Mar. 31 2025
-0.03
-0.06
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