Categories Earnings, Industrials

Xerox Corporation (XRX): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Xerox Corporation (NYSE: XRX) reported Q3 2019 earnings of $1.08 per share, vs. $0.86 expected.

— Revenues fell 6.5% to $2.2 billion, vs. $2.19 billion expected.

— FY19 GAAP EPS is expected to be $3.10-3.20.

— FY19 adjusted EPS is expected to be $4.00-4.10.

— XRX shares gained 0.19% immediately following the announcement.

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