Xerox Holdings Corporation (NASDAQ: XRX) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Wall Street financial experts forecast that the concern is set to announce an expected $0.51 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $1.63 billion for this particular period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.46. This was a direct result of the company's total revenue, which amounted to an impressive $1.65 billion during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $6.42 billion. Additionally, they predict that the earnings per share for the company will hit profit of $1.65 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.29 | -34.1% | 1.58 B | -10.0% |
| Q1 2024 | $0.06 | -87.8% | 1.50 B | -12.4% |
| Q4 2023 | $0.43 | -51.7% | 1.77 B | -9.1% |
| Q3 2023 | $0.46 | +142.1% | 1.65 B | -5.7% |
| Q2 2023 | $0.44 | +238.5% | 1.75 B | +0.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 29th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Xerox Holdings Corporation (XRX) closed Friday's regular trading session at $9.95, reflecting a 1 percent decline. The stock fluctuated between $9.92 and $10.25 during the day, with a volume of 1.24 million shares.
