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Technology | Information Technology Services | USA
Xerox shares soar 10% on upbeat guidance and beat

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For 2019, Xerox expects adjusted earnings of $3.70 and $3.80, ahead of analysts' projections of $3.53 a share, according to a Refinitiv survey.

Xerox reported a fourth-quarter profit of $137 million, or 56 cents a share, compared with a loss of $190 million, or 76 cents a share, a year ago. Adjusted earnings came to $1.14 a share, beating analysts' expectations of $1.04.

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https://www.marketwatch.com/story/xerox-...2019-01-29

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