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Xerox Shares Jump After Q2 Profit, Higher Revenue

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Xerox (XRX) shares rose more than 28% in Thursday afternoon trading after the company swung to a profit in Q2 with higher revenue.

The company reported Q2 adjusted EPS of $0.38 per diluted share, swinging from a loss of $0.64 a year earlier.

Three analysts polled by FactSet expected a loss of $0.12.

Total revenue for the quarter ended June 30 was $1.92 billion, up from $1.58 billion a year earlier.

Three analysts expected $1.90 billion.

For 2026, the company now expects revenue of approximately $7.6 billion, compared with the prior outlook of above $7.5 billion. Three analysts expect $7.61 billion.

Price: $3.39, Change: $+0.75, Percent Change: +28.22%

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