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-0.000428677014042919 -4.43458980044625E-05 0 -0.00221729490022181 -0.00295639320029571 0.00591278640059128 0.0273466371027346 0.0273466371027346
Stock impact report

Xerox misses 1Q profit forecasts [Yahoo! Finance News]

Xerox Holdings Corporation (XRX) 
Last xerox holdings corporation earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
Xerox misses 1Q profit forecasts NORWALK, Conn. (AP) _ Xerox Corp. (XRX) on Tuesday reported first-quarter net income of $16 million. The Norwalk, Connecticut-based company said it had net income of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 15 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. The business services provider and copier company posted revenue of $2.45 billion in the period. Xerox expects full-year earnings in the range of 80 cents to 88 cents per share. Xerox shares have dropped 19 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 6 percent. The stock has dropped 37 percent in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XRX at https Show less Read more
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