On Tuesday, Jan. 29, Xerox XRX will report its last quarter's earnings. Here is Benzinga's take on the company's latest release.
Earnings and Revenue
Wall Street analysts see Xerox reporting earnings of $1.04 per share on sales of $2.56 billion.
Xerox EPS in the same period a year ago totaled $1.04. Sales were $2.75 billion. Revenue would be down 6.81 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.78 | 0.83 | 0.72 | 0.96 |
EPS Actual | 0.85 | 0.8 | 0.68 | 1.04 |
Stock Performance
Over the last 52-week period, shares are down 24.17 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates have not been modified for EPS and revenues over the past 90 days. The average rating by analysts on Xerox stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Xerox's Q4 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/amnzx9w4
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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