Xerox Holdings Corp (XRX) Faces Challenges in Q1 2024, Misses Analyst Forecasts
Detailed Analysis of Xerox's First Quarter Earnings and Strategic Adjustments
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Detailed Analysis of Xerox's First Quarter Earnings and Strategic Adjustments
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Xerox reported disappointing fiscal Q1 results with a 12.4% decline in sales. Adjusted EPS also missed expectations. Company expects steady revenue and free cash flow in FY24.
-- Xerox reported Q1 adjusted earnings Tuesday of $0.06 per diluted share, down from $0.49 a year earlier. Four analysts polled by Capital IQ expected $0.35. Revenue for the quarter ended March...
Xerox Holdings Co. (NYSE:XRX – Get Free Report)’s share price gapped down before the market opened on Tuesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $16.42, but opened at $14.60. Xerox shares last traded at $14.21, with a volume of 2,616,540 shares changing hands. The information technology […]