Zacks Research Has Positive Outlook for Xerox Q3 Earnings

Xerox Holdings Co. (NASDAQ:XRX) – Equities research analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Xerox in a research note issued on Thursday, May 21st. Zacks Research analyst Team now expects that the information technology services provider will earn $0.16 per share for the quarter, up from their previous estimate of $0.13. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $0.16 per share. Zacks Research also issued estimates for Xerox’s Q4 2026 earnings at $0.37 EPS, FY2026 earnings at $0.21 EPS, Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.31 EPS, Q1 2028 earnings at $0.24 EPS and FY2028 earnings at $1.17 EPS.

Xerox (NASDAQ:XRX) last announced its quarterly earnings results on Thursday, April 30th. The information technology services provider reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.09. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.78 billion. Xerox had a negative net margin of 14.09% and a negative return on equity of 12.08%. The firm’s quarterly revenue was up 26.7% on a year-over-year basis. During the same period last year, the firm posted ($0.06) EPS.

A number of other equities research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xerox in a report on Monday, April 27th. Citigroup reiterated a “neutral” rating and set a $2.50 price target (down from $3.50) on shares of Xerox in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $2.50.

Xerox Stock Performance

NASDAQ XRX opened at $3.01 on Wednesday. The firm has a market cap of $393.65 million, a price-to-earnings ratio of -0.36 and a beta of 2.28. The company has a current ratio of 1.18, a quick ratio of 0.85 and a debt-to-equity ratio of 14.04. Xerox has a 1-year low of $1.19 and a 1-year high of $6.80. The company has a 50 day moving average of $1.85 and a 200-day moving average of $2.18.

Institutional Investors Weigh In On Xerox

A number of institutional investors have recently made changes to their positions in XRX. S Harris Financial Group LLC bought a new stake in Xerox in the fourth quarter valued at about $25,000. Captrust Financial Advisors acquired a new position in shares of Xerox during the 2nd quarter worth about $58,000. Williams & Novak LLC bought a new stake in shares of Xerox in the 4th quarter valued at about $27,000. Boothbay Fund Management LLC acquired a new stake in shares of Xerox in the 3rd quarter valued at approximately $43,000. Finally, Tower Research Capital LLC TRC boosted its stake in Xerox by 189.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,990 shares of the information technology services provider’s stock worth $63,000 after acquiring an additional 7,852 shares during the last quarter. 85.36% of the stock is owned by institutional investors and hedge funds.

Xerox Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.025 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.10 annualized dividend and a dividend yield of 3.3%. Xerox’s payout ratio is presently -1.20%.

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.