What is Zacks Research’s Estimate for Xerox Q2 Earnings?

Xerox Holdings Co. (NYSE:XRX) – Zacks Research lowered their Q2 2026 earnings estimates for Xerox in a research note issued on Thursday, November 20th. Zacks Research analyst Team now anticipates that the information technology services provider will post earnings per share of $0.20 for the quarter, down from their prior forecast of $0.30. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share.

Xerox (NYSE:XRX) last issued its earnings results on Thursday, October 30th. The information technology services provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.38. Xerox had a positive return on equity of 7.57% and a negative net margin of 21.24%.During the same quarter in the prior year, the business posted $0.25 earnings per share. The company’s revenue for the quarter was up 28.3% on a year-over-year basis. Xerox has set its FY 2025 guidance at EPS.

Separately, Citigroup lowered their price target on shares of Xerox from $4.50 to $3.50 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $3.50.

Xerox Trading Down 4.5%

NYSE:XRX opened at $2.34 on Friday. Xerox has a 1 year low of $2.32 and a 1 year high of $9.91. The company has a debt-to-equity ratio of 2.61, a quick ratio of 0.84 and a current ratio of 1.11. The stock has a fifty day moving average price of $3.36 and a two-hundred day moving average price of $4.35. The stock has a market capitalization of $299.61 million, a price-to-earnings ratio of -0.22 and a beta of 1.80.

Institutional Investors Weigh In On Xerox

Several institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Wace LLP grew its stake in Xerox by 71.0% in the 2nd quarter. Marshall Wace LLP now owns 3,928,444 shares of the information technology services provider’s stock valued at $20,703,000 after acquiring an additional 1,630,999 shares during the last quarter. Federated Hermes Inc. grew its position in shares of Xerox by 2,035.4% in the first quarter. Federated Hermes Inc. now owns 3,682,002 shares of the information technology services provider’s stock valued at $17,784,000 after purchasing an additional 3,509,574 shares during the last quarter. Two Sigma Investments LP increased its stake in shares of Xerox by 43.2% during the 3rd quarter. Two Sigma Investments LP now owns 2,476,689 shares of the information technology services provider’s stock worth $9,312,000 after purchasing an additional 746,582 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Xerox by 14.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,066,576 shares of the information technology services provider’s stock worth $9,982,000 after purchasing an additional 254,474 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Xerox by 3.4% during the 2nd quarter. Invesco Ltd. now owns 1,898,380 shares of the information technology services provider’s stock worth $10,004,000 after purchasing an additional 61,723 shares during the last quarter. 85.36% of the stock is currently owned by hedge funds and other institutional investors.

Xerox Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be issued a $0.025 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.10 annualized dividend and a yield of 4.3%. Xerox’s dividend payout ratio is -1.28%.

Xerox Company Profile

Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE.