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Stock impact report

Take Another Look At Xerox [Seeking Alpha]

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: Seeking Alpha
SummaryXerox shares are trading at half price.Company better off without HP Inc.Potential rebound play emerging.When the smaller-sizedXRXHPQWalgreensWBAMixed Fourth-Quarter ResultsXerox reported revenue falling from $2.5 billion last year to $2.44 billion in Q4/2019. Earnings per share rose to $1.33, up from $0.94. The company increased efficiency and found $1 billion in gross savings in the last 18 months. It forecast $450 million in gross savings this year. It highlighted investments in AI, 3D, software, and servicesin its FAQAt a $4 billion market capitalization, XRX stock is barely one-quarter of the size of HP Inc., which is at $22.57 billion. Revenue will continue to stay flat in 2021, but Xerox thinks it is winning business in the SMB space. Until its "significant product launches in 2019 and 2020" drive higher sales, investors should expect its growth decelerating. Xerox may cut costs to align its business with the reality of harsher market conditions.Higher Adjusted Operating Show less Read more
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