The OEM is set to post its earnings tomorrow.
Sports Perspectives reported that the company set its Fiscal Year 2017 guideline at $0.80-0.88 (€0.74-0.81) earnings per share (EPS)
The OEM’s last results were posted at the end of January and was reported as $0.25 EPS (€0.23) for the quarter with a revenue of $2.70 billion (€2.49 billion) for the quarter which was down 7.2 percent compared to the previous year.
Analysts expect the company to post $0.86 EPS (€0.79) for the current year and $0.87 EPS (€0.80) for the next fiscal year.
Shareholders will receive their quarterly dividend 28 April which should have a “dividend yield of 3.61 percent” and Xerox’s “pay out ratio” is currently 59.62 percent.