Xerox Holdings Q2 Adj EPS $0.44 Beats $0.30 Estimate, Sales $1.75B Miss $1.76B Estimate
Portfolio Pulse from Benzinga Newsdesk
Xerox Holdings reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.30 by 46.67%. However, the company's quarterly sales of $1.75 billion missed the analyst consensus estimate of $1.76 billion by 0.34%.
July 25, 2023 | 10:31 am
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NEUTRAL IMPACT
Xerox Holdings' Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Xerox's earnings beat could boost investor confidence, but the sales miss might temper this. The net impact could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100