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About 4 Cents Per Share.pdf

NR-Oct-26-2015-Xerox-Reports-Third-Quarter-2015-Earnings.pdf
Preview of about 4 cents per share
🔗 Source: news.xerox.com
📊 Size: 1.13 MB
👤 Author: Xerox
⬇️ Downloads: 76

Summary

Xerox reported third-quarter 2015 earnings with GAAP EPS from continuing operations of -4 cents and adjusted EPS of 24 cents. Revenue was $4.3 billion on a GAAP basis and $4.4 billion on an adjusted basis, with 57% coming from Services. Operating margin was 8.7%, down 0.9 percentage points year-over-year. The company generated $271 million in cash flow from operations and repurchased $691 million in stock. Xerox's Board of Directors has authorized a review of the company's business portfolio and capital allocation options to enhance shareholder value. Guidance for fourth-quarter 2015 GAAP earnings is 23-25 cents per share and adjusted EPS is 28-30 cents per share. Full-year 2015 GAAP earnings guidance is at the low end of 46-52 cents per share and adjusted EPS is at the low end of $0.95-$1.01 per share.

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Description

Xerox reported third-quarter 2015 earnings with GAAP EPS from continuing operations of -4 cents and adjusted EPS of 24 cents.

Technical Information

  • File Format: PDF
  • File Size: 1.13 MB
  • Pages: 29
  • Language: EN
  • Author: Xerox
  • Total Downloads: 76
  • Last Updated: 1 month ago

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