Xerox Holdings Corp XRX.OQ XRX.O is expected to show a fall in quarterly revenue when it reports results on January 23 (estimated) for the period ending December 31 2024
The Norwalk Connecticut-based company is expected to report a 11.0% decrease in revenue to $1.572 billion from $1.77 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Xerox Holdings Corp is for earnings of 53 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Xerox Holdings Corp is $8.00, below its last closing price of $9.34.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.50 | 0.51 | 0.25 | Missed | -50.8 |
Jun. 30 2024 | 0.43 | 0.43 | 0.29 | Missed | -32.5 |
Mar. 31 2024 | 0.36 | 0.35 | 0.06 | Missed | -83 |
Dec. 31 2023 | 0.51 | 0.52 | 0.43 | Missed | -16.8 |
Sep. 30 2023 | 0.36 | 0.36 | 0.46 | Beat | 29.6 |
Jun. 30 2023 | 0.31 | 0.30 | 0.44 | Beat | 44.7 |
Mar. 31 2023 | 0.18 | 0.17 | 0.49 | Beat | 185.3 |
Dec. 31 2022 | 0.52 | 0.49 | 0.89 | Beat | 80.5 |
This summary was machine generated January 21 at 11:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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