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Xerox to report Q2 earnings Thursday

By ANDREA DECKERT - 7/24/2013 4:59:07 PM

Xerox Corp. is slated to release its second-quarter earnings before markets open Thursday.

Analysts polled by Thomson Reuters expect the company to report earnings per share of 24 cents on sales of nearly $5.36 billion.

Xerox expects earnings of 19 to 21 cents a share and adjusted earnings of 23 to 25 cents a share. The company plans a higher level of restructuring activities in the second quarter, and has included 2 cents a share of restructuring in its guidance.

Shares of Xerox (NYSE:XRX) were trading midday at $9.81, up 2 cents from Tuesday’s close of $9.79.

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