XRX Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Xerox's (XRX) "Project Own It" is contributing significantly toward freeing up capital for investment.

Xerox Holdings' (XRX) third-quarter 2023 revenues witness a marginal increase year over year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Xerox (NYSE:XRX) reported a notable increase in year-over-year net income despite a decline in sales for the third quarter of 2023. The company also unveiled a strategic plan for reinvention aimed at achieving sustainable profit improvement and driving revenue growth.

Xerox Holdings Corporation (XRX) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.19 per share a year ago.

Xerox Holdings Corp. stock XRX, -1.89% rose 1.6% in premarket trades Tuesday after the printer and copy-machines maker swung to third-quarter profit. Xerox's net income rose to $49 million, or 28 cents a share, after a loss of $383 million, or $2.48, in the prior year's quarter.

OPI and XRX made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 24, 2023.

Xerox Holdings Corporation (XRX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

With market uncertainty being the name of the game, investors may want to red flag the most volatile stocks to avoid. Usually, securities that show greater-than-average mobility – whether to the downside or up – are speculative, growth-oriented ventures.