News
XRX
14.18
-1.39%
-0.20
Xerox Holdings First Quarter 2024 Earnings: US$0.94 loss per share (vs US$0.43 profit in 1Q 2023)
Xerox Holdings' revenue is expected to decline by 2.0% in the next 3 years. The company's shares are down 11% from a week ago. Xerox Holdings is showing 2 warning signs in our investment analysis. The American Tech industry in the US are expected to grow by 4.8%.
Simply Wall St · 18h ago
Xerox Holdings: Hitting FY24 Guide Seems Unlikely
Xerox Holdings is expected to miss its FY24 guidance due to a lack of positive turnaround in its core print business. The company's 1Q24 performance was poor, with declining revenues and missed earnings estimates. The guidance for revenue growth and EBIT margin expansion for the rest of the year is unlikely to be achieved.
Seeking Alpha · 19h ago
Xerox Price Target Cut to $17.00/Share From $18.00 by JP Morgan
Dow Jones · 1d ago
Xerox Is Maintained at Underweight by JP Morgan
Dow Jones · 1d ago
JP Morgan Maintains Underweight on Xerox Holdings, Lowers Price Target to $17
Benzinga · 1d ago
After Plunging -16.47% in 4 Weeks, Here's Why the Trend Might Reverse for Xerox (XRX)
NASDAQ · 1d ago
U.S. RESEARCH ROUNDUP-Airbnb, American Express, Mattel
Wall Street analysts revise their ratings and price targets on several U.S. Listed companies. American Express Co, Mattel and Amazon.com among those revised. Analysts raise target prices for American Express, Amazon, Fiserv and other companies. Airbnb, American Express and Mattel raise to buy from Mizuho.
Reuters · 1d ago
XEROX HOLDINGS CORP <XRX.O>: JP MORGAN CUTS TARGET PRICE TO $17 FROM $18
Reuters · 2d ago
These Stocks Are Moving the Most Today: General Motors, GE Aerospace, Spotify, JetBlue, Xerox, Tesla, UPS, Danaher, and More
General Motors tops Wall Street's first-quarter sales and earnings estimates. GE Aerospace and United Parcel Service report solid quarterly results. Tesla shares rise 2.3% ahead of its earnings report. The manufacturing reading for the U.S. Came in cooler than expected.
Barron‘s · 2d ago
BUZZ-U.S. STOCKS ON THE MOVE-Visa, Tesla, US energy sector
Dow Jones Industrial Average was up 0.77% at 38,535.1. Wall Street's main indexes advanced on Tuesday as growth and chip shares gained. Stocks like General Motors and Spotify rose on upbeat earnings updates ahead of quarterly reports from big technology companies. The top three S&P 500 percentage gainers were Globe Life, Danaher.
Reuters · 2d ago
Why Nucor Shares Are Trading Lower? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of Nucor Corporation tumbled 6.5% to $179.20 on Tuesday. The company reported worse-than-expected quarterly financial results. Cyngn Inc. Shares jumped 100% after the company was chosen to supply John Deere with industrial automation. Pineapple Energy Inc. And Virgin Galactic Holdings, Inc. Were among the stocks moving in today's mid-day session.
Benzinga · 2d ago
Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?
The S&P 500 rose 1.2% in midday trading on Tuesday, its best performance in over a month. The Nasdaq 100 outperformed the broader market, up 1.5%. Economic data indicated a deceleration in private sector growth in April. Fears for a potential Federal Reserve rate cut by the end of the summer jumped to 72% from 67% on Monday.
Benzinga · 2d ago
Why Xerox Stock Fell 14.5% on Tuesday Morning
Xerox shares fell 10.6% Tuesday morning after a disappointing first-quarter earnings report. The printing and documents management company announced a 15% head-count cut in the first quarter. The company is restructuring its business and selling assets to cut costs. Xerox's stock price is down 38% in three years.
The Motley Fool · 2d ago
BUZZ-U.S. STOCKS ON THE MOVE-Neurocrine, SunPower, NextEra Energy
Dow Jones Industrial Average was up 0.53% at 38,444.3. Stocks like General Motors and Spotify rose on upbeat earnings updates. Growth and chip shares gained as growth and tech shares rose. Neurocrine, SunPower, NextEra Energy among the day's losers.
Reuters · 2d ago
Tuesday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Computer Peripherals
NASDAQ · 2d ago
Xerox Loses Steam In Q1, Stock Dips
Xerox Holdings Corp reported a fiscal first-quarter 2024 sales decline of 12.4% year-on-year to $1.50 billion. Revenues declined 13.2% at constant currency. The company's stock price declined after the print. Xerox stock has gained 21% in the last 12 months.
Benzinga · 2d ago
Xerox Stock Dives on Wide Earnings Miss
Xerox stock plunges 14% after quarterly earnings come in far below Wall Street estimates. Xerox reported first-quarter earnings of 6 cents a share on revenue of $1.5 billion. The company's stock has dropped 23% this year and 92% from its record high. The results come in the middle of Xerox's efforts to reinvent itself.
Barron‘s · 2d ago
XRX Stock Earnings: Xerox Holdings Misses EPS, Misses Revenue for Q1 2024
Xerox Holdings just reported results for the first quarter of 2024. The company reported earnings per share of 6 cents. Xerox Holdings reported revenue of $1.50 billion. This was 1.83% lower than the analyst estimate for the same period of time.
Investorplace · 2d ago
Stock Laggards Tuesday: JetBlue, PepsiCo, Nucor
JetBlue shares fall nearly 15% in early trading after the airline slashes its 2024 revenue forecast. PepsiCo posts sales that topped analysts' projections, but its earnings disappointed. Shares of Nucor and Cleveland-Cliffs slide in trading after cooler demand for the metal. Xerox shares fell nearly 13% in their trading debut.
The Wall Street Journal · 2d ago
Compared to Estimates, Xerox (XRX) Q1 Earnings: A Look at Key Metrics
NASDAQ · 2d ago
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About XRX
Xerox Holdings Corporation is a workplace technology company building and integrating software and hardware for enterprises. The Company's segments include Print and Other and FITTLE. Its Print and Other segment includes the sale of document systems, supplies and technical services and managed services. The segment also includes the delivery of managed services that involve a continuum of solutions and services that help its customers optimize their print and communications infrastructure, apply automation and simplification to maximize productivity, and ensure the highest levels of security. This segment also includes information technology (IT) services and software. Its product groupings range from Entry, Mid-Range and High-End. The FITTLE segment provides leasing solutions and offers leasing for direct channel customer purchases of Xerox solutions through bundled lease agreements and lease financing to end-user customers who purchase Xerox solutions through its indirect channels.