Xerox Corp. (XRX) Tops Q2 EPS by 9c

Xerox Corp. (NYSE: XRX) reported Q2 EPS of $0.47, $0.09 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.77 billion.

“We saw growing demand for our products and services in the second quarter. Increased equipment sales and print volumes in many regions are consistent with a continuing, gradual return to the office and give us confidence to reaffirm our revenue and cash flow guidance for the year,” said Xerox Vice Chairman and CEO John Visentin. “Over the past 18 months, our team has successfully managed through an unprecedented level of uncertainty to continue delivering value to our clients. This focus will continue in the second half of the year as we manage through global supply chain disruption while investing for sustainable, long-term growth.”

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

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