Xerox Holdings Corp (XRX) reported disappointing third-quarter 2024 results, with revenue falling short of expectations for the seventh consecutive quarter. The company’s equipment sales revenue continued to decline, dragging down overall performance despite positive developments in adjusted operating income and margin. The acquisition of ITsavvy is expected to bolster Xerox’s offerings and revenue growth.
Xerox Holdings is set to release its latest quarterly earnings report on Tuesday, October 29th. Analysts anticipate an earnings per share (EPS) of $0.54, but investors will be closely watching for signs of exceeding estimates and favorable guidance for the future. This article delves into key factors to watch, including past performance, analyst insights, and peer comparisons, providing a comprehensive overview of Xerox Holdings’s financial health and market positioning.
