Zacks Research Issues Negative Estimate for Xerox Earnings

Xerox Holdings Co. (NASDAQ:XRX) – Zacks Research dropped their Q1 2026 EPS estimates for Xerox in a report released on Thursday, April 2nd. Zacks Research analyst Team now forecasts that the information technology services provider will earn ($0.13) per share for the quarter, down from their prior forecast of ($0.01). Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox’s FY2026 earnings at $0.48 EPS, Q2 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.28 EPS and FY2028 earnings at $1.04 EPS.

XRX has been the subject of a number of other research reports. Weiss Ratings started coverage on shares of Xerox in a research report on Wednesday, January 28th. They set a “sell (d-)” rating for the company. Citigroup restated a “neutral” rating and set a $2.50 target price (down from $3.50) on shares of Xerox in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Xerox presently has a consensus rating of “Sell” and a consensus price target of $2.50.

Xerox Price Performance

Shares of NASDAQ XRX traded up $0.01 during midday trading on Tuesday, reaching $1.24. The stock had a trading volume of 1,648,519 shares, compared to its average volume of 3,463,518. The company has a debt-to-equity ratio of 8.94, a quick ratio of 0.79 and a current ratio of 1.11. The stock has a 50-day moving average of $1.76 and a 200-day moving average of $2.52. Xerox has a 12-month low of $1.21 and a 12-month high of $6.80. The company has a market capitalization of $158.85 million, a price-to-earnings ratio of -0.15 and a beta of 1.80.

Xerox (NASDAQ:XRX) last announced its quarterly earnings data on Thursday, January 29th. The information technology services provider reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.25). The firm had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Xerox had a negative return on equity of 8.26% and a negative net margin of 14.65%.The business’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same period last year, the company earned $0.36 earnings per share.

Xerox Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be given a dividend of $0.025 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 8.1%. Xerox’s dividend payout ratio is currently -1.22%.

Hedge Funds Weigh In On Xerox

Several institutional investors have recently bought and sold shares of XRX. S Harris Financial Group LLC bought a new position in Xerox during the fourth quarter valued at $25,000. Captrust Financial Advisors bought a new position in Xerox during the fourth quarter valued at $26,000. Williams & Novak LLC bought a new position in Xerox during the fourth quarter valued at $27,000. Arkadios Wealth Advisors bought a new position in Xerox during the fourth quarter valued at $35,000. Finally, Levin Capital Strategies L.P. bought a new position in Xerox during the fourth quarter valued at $36,000. Institutional investors own 85.36% of the company’s stock.

Xerox Company Profile

Xerox Holdings Corporation (NYSE: XRX) is a global provider of document management technology and services. The company designs and manufactures a broad range of multifunction printers, production printers, digital presses and related consumables. In addition to its hardware offerings, Xerox delivers software and workflow automation solutions, managed print services and cloud-based document platforms that help organizations optimize their information-intensive processes.

Founded in 1906 as The Haloid Photographic Company, Xerox pioneered xerographic imaging in the late 1940s, launching the first plain-paper copier in 1959.