An Overview of Xerox Holdings's Earnings
Portfolio Pulse from Benzinga Insights
Xerox Holdings (NASDAQ:XRX) is set to release its quarterly earnings report on October 29, 2024, with analysts estimating an EPS of $0.54. The company's past performance shows mixed results, with a recent history of missing EPS estimates but still experiencing share price increases. Analysts have given Xerox a Neutral rating with a one-year price target of $11.0, suggesting a potential 10.55% upside. Despite challenges in revenue growth and debt management, Xerox excels in net margin and asset utilization.
October 28, 2024 | 5:01 pm
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Xerox Holdings is expected to announce its earnings with an estimated EPS of $0.54. The company's past performance shows mixed results, with a history of missing EPS estimates but still experiencing share price increases. Analysts have given Xerox a Neutral rating with a one-year price target of $11.0, suggesting a potential 10.55% upside. Despite challenges in revenue growth and debt management, Xerox excels in net margin and asset utilization.
Xerox's upcoming earnings report is crucial as it may influence short-term stock price movements. The estimated EPS of $0.54 and the company's history of missing estimates but still seeing share price increases suggest a neutral short-term impact. The Neutral analyst rating and potential upside indicate moderate investor interest. The company's financial challenges, such as revenue decline and high debt, are balanced by strong net margin and asset utilization, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100