Xerox Holdings Corporation (XRX) reported dismal first-quarter 2024 results, wherein both earnings and revenues missed the Zacks Consensus Estimate. The discouraging numbers caused the stock to decline 2.6% since the company’s earnings release on Apr 23. Xerox had depreciated 21.5% year to date against the 0.4% growth of the industry it belongs to. First quarter adjusted EPS of 6 cents missed the Zacks Consensus Estimate by 84.2% and declined more than 87.8%% year over year. Total revenues of $1.5 billion m ...