Xerox Corp. (XRX) Misses Q2 EPS by 14c, provides guidance

Xerox Corp. (NASDAQ: XRX) reported Q2 EPS of $0.29, $0.14 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.6 billion.

2024 Guidance Update

Revenue: from a decline of 3% to 5% to a decline of 5% to 6% in constant currency 1
Adjusted 1 Operating Margin: from at least 7.5% to at least 6.5%
Free cash flow1: from at least $600 million to at least $550 million

For earnings history and earnings-related data on Xerox Corp. (XRX) click here.

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