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Xerox Holdings Corporation (XRX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Xerox Holdings Corporation (XRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
XRX, EMBC and HMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 12, 2023.
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Xerox Holdings' (XRX) post-sale and equipment sale revenues decline year over year.
Xerox missed on Q4 sales. It missed on Q4 earnings.
Xerox Holdings Corporation (XRX) Q4 2023 Earnings Call Transcript
The headline numbers for Xerox Holdings Corporation (XRX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Xerox Holdings Corporation (XRX) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.89 per share a year ago.