Xerox Corp. (XRX) reported that its third-quarter net income attributable to Xerox were $123 million or $0.14 per share, compared to $258 million or $0.29 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter were $3.675 billion, down from $4.370 billion in the prior year quarter. Six analysts had consensus revenue estimate of $3.63 billion for the quarter.
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