Zacks Research Estimates Xerox’s Q3 Earnings (NASDAQ:XRX)

Xerox Holdings Co. (NASDAQ:XRX) – Investment analysts at Zacks Research reduced their Q3 2026 earnings estimates for Xerox in a research report issued to clients and investors on Thursday, February 19th. Zacks Research analyst Team now forecasts that the information technology services provider will earn $0.17 per share for the quarter, down from their previous forecast of $0.36. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox’s FY2026 earnings at $0.80 EPS and Q1 2027 earnings at $0.09 EPS.

Xerox (NASDAQ:XRX) last posted its quarterly earnings results on Thursday, January 29th. The information technology services provider reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.25). Xerox had a negative net margin of 14.65% and a negative return on equity of 8.26%. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same period last year, the firm posted $0.36 earnings per share. The company’s revenue for the quarter was up 25.7% on a year-over-year basis.

Other equities research analysts also recently issued research reports about the company. Citigroup restated a “neutral” rating and set a $2.50 price objective (down previously from $3.50) on shares of Xerox in a report on Friday, January 30th. Weiss Ratings assumed coverage on shares of Xerox in a research report on Wednesday, January 28th. They issued a “sell (d-)” rating for the company. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $2.50.

Xerox Stock Performance

Shares of Xerox stock opened at $1.86 on Monday. The business has a 50-day simple moving average of $2.36 and a 200 day simple moving average of $3.03. The firm has a market capitalization of $238.15 million, a price-to-earnings ratio of -0.23 and a beta of 1.72. The company has a debt-to-equity ratio of 8.94, a current ratio of 1.12 and a quick ratio of 0.80. Xerox has a one year low of $1.81 and a one year high of $8.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Invesco Ltd. increased its position in shares of Xerox by 12.6% during the 4th quarter. Invesco Ltd. now owns 450,416 shares of the information technology services provider’s stock valued at $1,067,000 after purchasing an additional 50,550 shares during the last quarter. Empowered Funds LLC increased its holdings in Xerox by 10.2% during the fourth quarter. Empowered Funds LLC now owns 652,289 shares of the information technology services provider’s stock worth $1,546,000 after buying an additional 60,195 shares during the last quarter. XTX Topco Ltd bought a new stake in Xerox in the fourth quarter worth about $559,000. Quadrature Capital Ltd grew its position in shares of Xerox by 108.7% during the 4th quarter. Quadrature Capital Ltd now owns 154,966 shares of the information technology services provider’s stock valued at $367,000 after acquiring an additional 80,709 shares during the period. Finally, Occudo Quantitative Strategies LP purchased a new stake in shares of Xerox during the 4th quarter worth approximately $52,000. Hedge funds and other institutional investors own 85.36% of the company’s stock.

Xerox Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Xerox’s dividend payout ratio (DPR) is presently -1.22%.

Key Headlines Impacting Xerox

Here are the key news stories impacting Xerox this week:

• Positive Sentiment: Board declared a quarterly common-stock dividend of $0.025 per share (payable Apr 30; record/ex-dividend Mar 31) and a $20.00 per-share dividend on Series A preferred — this yields about 5.4% annualized and can attract income-focused buyers. Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock
• Negative Sentiment: Zacks Research lowered multiple quarterly and full-year EPS estimates (several Q1–Q4 2026/2027 cuts and FY2027 reduced from $1.37 to $1.17); Zacks maintains a “Hold.” The downward revisions signal weaker near-term profit outlook and can pressure the stock’s valuation and sentiment. Zacks Research: Xerox estimates cut (MarketBeat)
• Negative Sentiment: Unusually heavy options activity: traders bought 1,689 put contracts (a ~1,369% rise vs. normal daily put volume of ~115), indicating elevated bearish positioning or hedging demand that can amplify downside moves in the shares. Xerox Sees Unusually High Options Volume (NASDAQ:XRX)

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.