Xerox Releases Fourth-Quarter and Full-Year Results
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Credit Suisse Downgrades Xerox (XRX) to Neutral
January 26, 2021 4:35 PM ESTCredit Suisse analyst Matt Cabral downgraded Xerox (NYSE: XRX) from Outperform to Neutral with a price target of $20.00 (from $23.00).
The analyst comments "4Q results and CY21 guidance highlight a gradual recovery in Xeroxs revenue trajectory, largely tied to the pace of workers returning back to the office around the world. We continue to believe the worst is behind us, and... More
Xerox Corp. (XRX) Misses Q4 EPS by 3c, Offers FY21 Guidance
January 26, 2021 6:34 AM ESTXerox Corp. (NYSE: XRX) reported Q4 EPS of $0.58, $0.03 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.9 billion.
GUIDANCE:
Xerox Corp. sees FY2021 revenue of at least $7.2 billion, versus the... More
