On 2016-07-20, Xerox Corporation (NYSE:XRX) confirmed the dividend disbursement of $0.078 a share to shareholders as on record 2016-09-30. The firm will release dividend on 2016-10-31 while ex-dividend date is reported to be 2016-09-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Xerox Corporation (NYSE:XRX) paid a total of $0.078 per share in dividends. This figure stood at $0.078 a share in the same period a year ago indicating a deviation of 12%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $10.95 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $12 and $10.3, respectively.
Taking the mathematical rating formula, the price for Xerox Corporation (NYSE:XRX) stands at 3. Earnings Review Xerox Corporation (NYSE:XRX) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.27.
Coming to the quarter ending on 2015-12-31, Xerox Corporation (NYSE:XRX) recorded EPS of $0.3. The reported numbers came lower than the analysts’ estimates of $0.25, demonstrating a miss of $0.05 as against reported figures.
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