Zacks Research Weighs in on Xerox’s Q3 Earnings (NASDAQ:XRX)

Xerox Holdings Co. (NASDAQ:XRX) – Analysts at Zacks Research upped their Q3 2026 earnings estimates for Xerox in a report released 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 prior forecast 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 released its quarterly earnings data on Thursday, April 30th. The information technology services provider reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.09. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.78 billion. Xerox had a negative net margin of 14.09% and a negative return on equity of 12.08%. The company’s revenue for the quarter was up 26.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.06) EPS.

Several other research analysts have also weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xerox in a research report on Monday, April 27th. Citigroup restated a “neutral” rating and issued a $2.50 price objective (down from $3.50) on shares of Xerox in a report on Friday, January 30th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $2.50.

Xerox Trading Up 3.8%

NASDAQ XRX opened at $3.01 on Wednesday. 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 firm’s fifty day simple moving average is $1.85 and its 200-day simple moving average is $2.18. The company has a market capitalization of $393.65 million, a PE ratio of -0.36 and a beta of 2.28.

Xerox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.025 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.10 annualized dividend and a dividend yield of 3.3%. Xerox’s dividend payout ratio (DPR) is presently -1.20%.

Institutional Investors Weigh In On Xerox

A number of institutional investors have recently added to or reduced their stakes in the company. Rangeley Capital LLC acquired a new stake in shares of Xerox during the 1st quarter worth approximately $129,000. Renaissance Technologies LLC boosted its stake in Xerox by 926.4% during the first quarter. Renaissance Technologies LLC now owns 645,624 shares of the information technology services provider’s stock worth $833,000 after buying an additional 582,724 shares in the last quarter. Gabelli Funds LLC increased its holdings in Xerox by 17.2% in the 1st quarter. Gabelli Funds LLC now owns 68,000 shares of the information technology services provider’s stock valued at $88,000 after buying an additional 10,000 shares during the period. Gamco Investors INC. ET AL raised its stake in shares of Xerox by 1.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 564,000 shares of the information technology services provider’s stock valued at $728,000 after buying an additional 9,800 shares in the last quarter. Finally, Sei Investments Co. acquired a new stake in shares of Xerox during the 1st quarter valued at about $80,000. 85.36% of the stock is owned by institutional investors and hedge funds.

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.