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Xerox Corp. (XRX) Misses Q1 EPS by 29c ; Provides Outlook

April 23, 2024 6:32 AM

Xerox Corp. (NASDAQ: XRX) reported Q1 EPS of $0.06, $0.29 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.53 billion.

2024 Guidance

Revenue: decline of 3% to 5% in constant currency
Adjusted Operating Margin: at least 7.5%
Free cash flow: at least $600 million

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

Categories

Earnings