Profile
Sector:
TechnologyIndustry:
Information Technology ServicesCountry:
United StatesIPO:
17 April 1936Website:
http://www.xerox.comNext earnings report:
N/ALast dividends:
30 September 2024Next dividends:
31 December 2024Price
after hours | Fri, 01 Nov 2024 23:47:14 GMTAnalysts recommendations
Institutional Ownership
XRX Latest News
NEW YORK, NY / ACCESSWIRE / November 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xerox Holdings Corporation ("Xerox Holdings Corporation") (NASDAQ:XRX) concerning possible violations of federal securities laws. Xerox issued a press release on October 29, 2024, announcing the Company's financial results for the third quarter of 2024.
NEW YORK CITY, NY / ACCESSWIRE / November 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Xerox Holdings Corporation ("Xerox" or "the Company") (NYSE:XRX). Investors who purchased Xerox securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/XRX.
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xerox Holdings Corporation ("Xerox Holdings Corporation") (NASDAQ:XRX) concerning possible violations of federal securities laws. Xerox issued a press release on October 29, 2024, announcing the Company's financial results for the third quarter of 2024.
XRX's third-quarter 2024 earnings and revenues decrease year over year.
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Xerox Holdings Corporation ("Xerox Holdings Corporation") (NASDAQ:XRX) concerning possible violations of federal securities laws. Xerox issued a press release on October 29, 2024, announcing the Company's financial results for the third quarter of 2024.
NEW YORK CITY, NY / ACCESSWIRE / October 31, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Xerox Holdings Corporation ("Xerox" or "the Company") (NYSE:XRX). Investors who purchased Xerox securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/XRX.
NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) announced today that its board of directors declared a quarterly dividend of $0.25 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on January 31, 2025, to shareholders of record on December 31, 2024. The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on January 2, 2025, to s.
I maintain a sell rating on Xerox Holdings due to fundamental business challenges and poor earnings growth prospects. XRX missed its FY24 guidance, with 3Q24 revenue declining 7.5% y/y and profitability metrics falling short of consensus estimates. Despite some progress in the reinvention plan, structural headwinds and execution issues continue to hinder meaningful revenue growth.
Xerox Holdings Corporation's Q3 results were disappointing, missing analysts' estimates and resulting in a 21% share price drop, reflecting poor performance and lowered guidance. The company's reinvention plan focuses on stabilizing its core print business, increasing efficiency, and embracing IT and digital services, but faces significant challenges. Xerox's financial health is concerning, with $521M in cash against $2.75B in long-term debt, and a declining demand for printing services.
While the top- and bottom-line numbers for Xerox (XRX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
What type of business is Xerox Holdings?
Xerox Holdings Corporation is a provider of digital printing technologies and related services, software, and solutions. Xerox Holdings was founded in 1906 and is based in Norwalk, Connecticut. The company's offerings cover three main areas: Xerox Services - include a portfolio of software solutions for automation, integration, and print job processing. Workplace Solutions includes two strategic product groups: Entry - desktop monochrome and color printers, multifunction printers (MFPs); Mid-Range - larger devices with more functions and the ability to handle higher print volumes, designed for larger paper sizes. Graphic Communications and Production Solutions (High-End) are designed for customers in graphic communications, factory, and production printing environments with requirements for high-volume printing.
What sector is Xerox Holdings in?
Xerox Holdings is in the Technology sector
What industry is Xerox Holdings in?
Xerox Holdings is in the Information Technology Services industry
What country is Xerox Holdings from?
Xerox Holdings is headquartered in United States
When did Xerox Holdings go public?
Xerox Holdings initial public offering (IPO) was on 17 April 1936
What is Xerox Holdings website?
https://www.xerox.com
Is Xerox Holdings in the S&P 500?
No, Xerox Holdings is not included in the S&P 500 index
Is Xerox Holdings in the NASDAQ 100?
No, Xerox Holdings is not included in the NASDAQ 100 index
Is Xerox Holdings in the Dow Jones?
No, Xerox Holdings is not included in the Dow Jones index
When was Xerox Holdings the previous earnings report?
No data
When does Xerox Holdings earnings report?
Next earnings report date is not announced yet