Recap: Xerox Q2 Earnings

 

Shares of Xerox Holdings XRX decreased 0.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 213.33% over the past year to $0.47, which beat the estimate of $0.38.

Revenue of $1,793,000,000 rose by 22.39% year over year, which beat the estimate of $1,770,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Xerox Holdings hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 27, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/7bqy7x39

Recent Stock Performance

52-week high: $26.96

Company's 52-week low was at $14.82

Price action over last quarter: down 3.04%

Company Overview

Xerox is an original equipment manufacturing and software company. Xerox operates in one segment--design, development and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S., and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy and scan), focusing on large enterprise markets. Apart from equipment, the company provides post sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.

Posted In: BZI-RecapsEarningsNews

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.