Xerox Delivers EPS Growth and Margin Expansion, Raises 2019 EPS Guidance

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Xerox Corp. (XRX) Tops Q1 EPS by 13c, Revenues Miss; Raises FY19 EPS Guidance

April 25, 2019 6:33 AM EDT

Xerox Corp. (NYSE: XRX) reported Q1 EPS of $0.91, $0.13 better than the analyst estimate of $0.78. Revenue for the quarter came in at $2.21 billion versus the consensus estimate of $2.27 billion.

GAAP earnings per share (EPS) of $0.55, up $0.47 year-over-year, and adjusted EPS of $0.91, up $0.23 year-over-year$226... More