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XRX / Xerox stock jumps toward 5-month high after big profit beat

Shares of Xerox Holdings Corp. XRX, +0.81% shot up 5.9% toward a five-month high in premarket trading Thursday, after the maker of copiers and other workplace hardware reported fourth-quarter profit that beat by a wide margin. The company swung to net income of $121 million, or 74 cents a share, from a loss of $675 million, or $3.97 a share, in the year-ago period. Read More

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Posted: Jan 26 2023, 06:41

Author Name: Market Watch

XRX News

By Zacks Investment Research
October 27, 2023

Xerox Holdings (XRX) Stock Falls 2.5% Despite Q3 Earnings Beat

Xerox Holdings' (XRX) third-quarter 2023 revenues witness a marginal increase year over year.

By Zacks Investment Research
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Is Xerox (XRX) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe

By Proactive Investors
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Xerox sees net income increase in Q3 despite sales dip

Xerox (NYSE:XRX) reported a notable increase in year-over-year net income despite a decline in sales for the third quarter of 2023. The company also u

By Market Watch
October 24, 2023

Xerox stock rises premarket after swinging to profit

Xerox Holdings Corp. stock XRX, -1.89% rose 1.6% in premarket trades Tuesday after the printer and copy-machines maker swung to third-quarter profit.

By Zacks Investment Research
October 23, 2023

Why Xerox Holdings Corporation (XRX) Could Beat Earnings Estimates Again

Xerox Holdings Corporation (XRX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients

By Zacks Investment Research
September 29, 2023

Are You Looking for a Top Momentum Pick? Why Xerox Holdings Corporation (XRX) is a Great Choice

Does Xerox Holdings Corporation (XRX) have what it takes to be a top stock pick for momentum investors? Let's find out.

By Market Watch
September 28, 2023

Xerox to buy back stock owned by Carl Icahn for $542 million

Shares of Xerox Holdings Corp. XRX, -0.26% rallied 2.1% in premarket trading Thursday, after the printer and copy machines maker said it would buy bac

By Zacks Investment Research
September 22, 2023

Xerox's (XRX) Stock Rises 10% in Six Months: Here's How

Xerox (XRX) has a post-sale-driven business model that provides significant recurring revenues and cash generation.

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