Xerox Reports Progress on Key Priorities to Drive Business Improvement; Delivers Strong Cash Flow and Operating Margin Expansion

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Go back to Xerox Reports Progress on Key Priorities to Drive Business Improvement; Delivers Strong Cash Flow and Operating Margin Expansion

UPDATE: Xerox Corp. (XRX) Tops Q3 EPS by 7c, Revenues Miss; Boosts Buyback to $700M (fom $500M), Lifts FY Operating CF and FCF Outlook

October 23, 2018 6:33 AM EDT

(Updated - October 23, 2018 6:34 AM EDT)

Xerox Corp. (NYSE: XRX) reported Q3 EPS of $0.85, $0.07 better than the analyst estimate of $0.78. Revenue for the quarter came in at $2.35 billion versus the consensus estimate of $2.42 billion.

We are progressing on our priorities, which include optimizing our operations for greater simplicity, re-energizing our innovation engine... More