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Compared to Estimates, Xerox (XRX) Q1 Earnings: A Look at Key Metrics
XRXXerox Holdings(XRX) Zacks Investment Research·2024-04-23 15:01

Xerox Holdings Corporation (XRX) reported 1.5billioninrevenueforthequarterendedMarch2024,representingayear−over−yeardeclineof12.41.5 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 12.4%. EPS of 0.06 for the same period compares to 0.49ayearago.Thereportedrevenuerepresentsasurpriseof−4.800.49 a year ago.The reported revenue represents a surprise of -4.80% over the Zacks Consensus Estimate of 1.58 billion. With the consensus EPS estimate being $0.38, the EPS surprise was -84.21%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...