Xerox Holdings Stock Is A Value Play

Published by

Document management solutions and systems provider Xerox Holdings Corporation (NYSE:XRX) stock has fallen back towards pandemic lows with its surprising disappointment for Q1 fiscal 2022 earnings report. The Company was expected to make $0.13 per share profits but ended up posting a (-$0.12) per share loss, missing by (-$0.25). The surprise loss was the first in two decades driven by headwinds including inflation pressures, supply chain disruption with Omicron-driven factory closings in Asia, and a slow return to the office for clients. The Company still expects workers to return to the office…

Read More

See also  Coronavirus updates and live news: Global death toll tops 3,000

Leave a Reply