Investing.com - Xerox (NASDAQ:XRX) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Xerox announced earnings per share of $0.19 on revenue of $1.75. Analysts polled by Investing.com anticipated EPS of $0.43 on revenue of $1.77B.
Xerox shares are up 72.04% from the beginning of the year and are trading at $15.91 , down-from-52-week-high.
Xerox follows other major Information Technology sector earnings this month
Xerox's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.
ASML ADR had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $4.29 on revenue of $5.78B, compared to forecast for EPS of $3.96 on revenue of $5.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar