Xerox Corp. (XRX) Reports In-Line Q4 EPS; Top End of FY EPS Guidance Matches Views

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Xerox Reports Fourth-Quarter 2016 Earnings

January 31, 2017 6:45 AM EST

GAAP EPS from continuing operations of 17 cents, adjusted EPS of 25 cents Total revenue from continuing operations of $2.7 billion Delivers strong adjusted operating margin of 14.0 percent and cash flow of $462 million from continuing operations Exceeds first-year savings target for Strategic Transformation program Completes spin-off of Conduent Incorporated Announces full-year 2017 GAAP EPS guidance of 44 to 52 cents and 80 to 88 cents adjusted EPS

NORWALK, Conn.--(BUSINESS WIRE)--... More