Xerox Corporation (XRX) Beats Expectations In Q2

Xerox Corporation (NYSE:XRX) released its earnings report for the three months ending June 30 this morning before the bell rang on Wall Street. The company showed earnings of $0.27 per share for the three months on revenues totaling $5.4 billion. On Wednesday's market, stock in Xerox trended up, closing at $9.83 per share.

In the run up to the announcement of these results, analysts following Xerox Corporation (NYSE:XRX) were looking for earnings per share of 24 cents on revenue totaling $5.5 billion for the second quarter of the year. In the same three month period of...