24.04.2015 - Xerox worsened earnings forecast
Xerox Corporation has announced the lowering of the company's profit forecast on a background of the negative impact of a stronger US dollar. During the year the company plans to earn 0,95-1,01 US dollar against the previous forecast 1,00-1,06 per share. At the moment, the corporation is developing the information technology sector, documentation processing and service transactions. Sales of printers and copiers are reduced and company is trying to change the priorities of business development. During the first quarter of this year, the company received a $ 225 million profit, against 281 million for the same period of the last year. We predict a decrease in quotations of 10-12% by the end of the year.