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Xerox to report Q3 earnings Thursday

Rochester Business Journal
October 23, 2013

Analysts expect Xerox Corp. to report flat earnings in the third quarter, with a slight drop in sales.
 
The company is slated to release its earnings before markets open Thursday.

Analysts polled by Thomson Reuters expect Xerox to report sales of nearly $5.35 billion, down 1 percent from sales of some $5.42 billion the prior year. They expect earnings per share to be flat at 25 cents.

For the third quarter, Xerox expects earnings from continuing operations of 20 to 22 cents a share and adjusted earnings of 24 to 26 cents a share.

Xerox ranked first on the most recent Rochester Business Journal list of manufacturers with roughly 6,100 local workers.

 (c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


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