Xerox Corp. (XRX) Tops Q4 EPS by 1c

Xerox Corp. (NASDAQ: XRX) reported Q4 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.82 billion.

“Our team’s focus and dedication drove improved results in 2021 despite ongoing challenges caused by the pandemic and global supply chain disruptions,” said Xerox Vice Chairman and CEO John Visentin. “Our ability to increase free cash flow, while investing for sustainable, long-term growth and improving our operations, highlights the quality of our team and strategy. We stood up Xerox Financial Services, CareAR and Innovation (PARC), while laying the foundation for growth in print, digital solutions and IT services. We look forward to sharing more detail about our long-term plans and strategies for monetizing our investments in growth at our Investor Day in February.”

For earnings history and earnings-related data on Xerox Corp. (XRX) click here.

You May Also Be Interested In

• SanDisk and Micron surge as Apple confirms memory price pass-through
• JPMorgan Upgrades Sika AG (SIKA:SW) (SKFOF) to Neutral
• Vail Resorts taps bankers for potential activist defense, Semafor reports