Xerox posts profit below estimates, revenue declines [Reuters]
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
Company Research
Source: Reuters
Xerox posts profit below estimates, revenue declines | Reuters Reuters Staff 2 Min Read (Reuters) - Xerox Corp ( XRX.N ), which scrapped a planned $6.1 billion merger with Fujifilm Holdings Corp ( 4901.T ), reported a quarterly profit that was below Wall Street estimates as it posted higher costs related to the failed deal with the Japanese company. Xerox, which has been exploring options including a sale of the company, was sued by Fujifilm for over $1 billion, seeking punitive damages and a $183 million merger termination fee. The merger was announced in January and abandoned on May 13 when Xerox, in a settlement with shareholders Carl Icahn and Darwin Deason, agreed to install new directors and replace the chief executive officer with Icahn-backed John Visentin. Xerox also threatened to end its technology agreement with the 56-year-old joint venture Fuji Xerox, and said it would start sourcing products from new vendors to lower its dependency on Fujifilm. In response, the Japan
Show less
Read more
Impact Snapshot
Event Time:
XRX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XRX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XRX alerts
High impacting Xerox Holdings Corporation news events
Weekly update
A roundup of the hottest topics
XRX
News
- Xerox: Looking To Get Long Post An Encouraging Q1 Report [Seeking Alpha]Seeking Alpha
- Xerox (XRX) Gears Up for Q1 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Corporation (XRX) Stock Moves -0.12%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Co. (NYSE: XRX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Xerox Holdings Corporation (XRX) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
XRX
Earnings
- 1/25/24 - Miss
XRX
Analyst Actions
- 1/26/24 - JP Morgan
XRX
Sec Filings
- 4/11/24 - Form DEF
- 4/4/24 - Form ARS
- 3/25/24 - Form 8-K
- XRX's page on the SEC website