Last $11.96 USD
Change Today +0.37 / 3.19%
Volume 18.0M
XRX On Other Exchanges
Symbol
Exchange
New York
Sao Paulo
Frankfurt
As of 6:40 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

xerox corp (XRX) Snapshot

Open
$11.59
Previous Close
$11.59
Day High
$12.27
Day Low
$11.55
52 Week High
01/16/14 - $12.65
52 Week Low
04/23/13 - $8.11
Market Cap
14.0B
Average Volume 10 Days
9.9M
EPS TTM
$0.99
Shares Outstanding
1.2B
EX-Date
03/27/14
P/E TM
12.1x
Dividend
$0.25
Dividend Yield
1.96%
Current Stock Chart for XEROX CORP (XRX)

xerox corp (XRX) Related Businessweek News

View More BusinessWeek News

xerox corp (XRX) Details

Xerox Corporation provides business process and document management solutions worldwide. The company’s Services segment offers various business process outsourcing services, including administrative and care management solutions to state Medicaid programs and federally-funded government healthcare programs; healthcare payer and pharmaceutical services; healthcare provider solutions for hospitals, doctors, and other care providers; human resources services; finance, accounting, and procurement services; customer care services; technology-based transactional services for retail, travel, and non-healthcare insurance companies; and communication and marketing services, as well as government and transportation services. It also provides information technology outsourcing services comprising managed IT services consisting of administration, database administration, systems monitoring, batch processing, data backup, network and infrastructure management, and capacity planning; end-user computing services to manage platforms and devices; and IT solutions covering cloud, utility computing, desktop virtualization, and other solutions. In addition, this segment offers document outsourcing services, such as managed and centralized print services. The company’s Document Technology segment provides desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises, as well as toners, inks, and Xerox replacement cartridges. Its Other segment sells paper, wide-format systems, network integration solutions, and electronic presentation systems. The company sells its products and services through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

143,100 Employees
Last Reported Date: 02/21/14
Founded in 1906

xerox corp (XRX) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $766.7K
Executive Vice President and President of Tec...
Total Annual Compensation: $716.6K
Executive Vice President and President of Cor...
Total Annual Compensation: $714.0K
Executive Vice President
Total Annual Compensation: $850.0K
Compensation as of Fiscal Year 2013.

xerox corp (XRX) Key Developments

Xerox Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Reports Assets Impairment Charges for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of 2014

Xerox Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, total revenue was $5,121 million against $5,202 million a year ago. Income before income taxes & equity income was $291 million against $300 million a year ago. Income from continuing operations attributable to the company was $279 million or $0.23 per diluted share against $293 million a year ago. Net income attributable to the company was $281 million or $0.23 per diluted share against $296 million or $0.23 per diluted share a year ago. Net cash provided by operating activities was $286 million against net cash used in operating activities of $87 million a year ago. Cost of additions to land, buildings and equipment was $84 million against $85 million a year ago. The company spent $103 million on CapEx. Adjusted EPS of $0.27 was flat year-over-year and above the guidance range of $0.23 to $0.25, with the upside coming from Document Technology profitability, the real estate gain and tax rate, partially offset by higher restructuring. During the first quarter of 2014, the company recorded asset impairment charges of $4 million. For the second-quarter 2014, GAAP earnings per share are expected to be 21 to 23 cents per share. The company expects that the revenue will decline approximately 2% and adjusted earnings per share of $0.25 to $0.27, which includes approximately $0.02 of restructuring. The company expects full-year 2014 GAAP earnings per share of 90 to 96 cents. The company expects consolidated revenue to be flat to slightly down year-over-year and adjusted earnings per share of $1.07 to $1.13, which compares to previous full year guidance of $1.10 to $1.16. The company’s full year expectation to spend up to $500 million in 2014 is unchanged.

MeadWestvaco Corporation Renews Partnership with Xerox Corporation for IT Management Services

MeadWestvaco Corporation, or MWV has renewed its partnership with Xerox Corporation for IT management services. Partners since 2006, Xerox will extend its services for MWV via a new five-year contract to include telecom expense management, ERP system management and additional hosting for MWV's Brazil business. Xerox will also assist MWV in migrating core IT functions to the cloud, in addition to continuing existing services including hosting, network management and desktop support. To accommodate MWV's expansion over the years, Xerox has helped to modernize the company's computing platforms; centralize its internal communications through a unified, global email system; and protect secure information with a disaster recovery plan that included building a new infrastructure in a second Xerox facility for catastrophic resiliency.

MeadWestvaco Renews Partnership with Xerox for IT Management Services

MeadWestvaco has chosen to renew its partnership with Xerox Corp. for IT management services as the global packaging company continues to grow in targeted packaging and specialty chemicals markets. Partners since 2006, Xerox will extend its services for MWV through a new five-year contract to include telecom expense management, ERP system management and additional hosting for MWV's Brazil business. Xerox will also assist MWV in migrating core IT functions to the cloud, in addition to continuing existing services including hosting, network management and desktop support.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
XRX:US $11.96 USD +0.37

XRX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cap Gemini SA €52.67 EUR +0.08
FUJIFILM Holdings Corp ¥2,733 JPY +3.00
NTT Data Corp ¥3,895 JPY +50.00
Ricoh Co Ltd ¥1,170 JPY +27.00
Thales SA €45.06 EUR -0.79
View Industry Companies
 

Industry Analysis

XRX

Industry Average

Valuation XRX Industry Range
Price/Earnings 12.7x
Price/Sales 0.7x
Price/Book 1.1x
Price/Cash Flow 9.1x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact XEROX CORP, please visit www.xerox.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.