Xerox Second-Quarter Profit Forecast Tops Estimates – Printers market

Category Business | Friday, April 23rd, 2010

April 23 (Bloomberg) — Xerox Corp., the largest maker of high-speed color printers, forecast second-quarter profit that beat analysts’ estimates as customers renew spending on printing and office services.

Per-share profit this quarter, excluding some costs, will be at least 20 cents, Xerox said in a statement today. That compares with the average analyst estimate of 18 cents in a Bloomberg survey. First-quarter profit and sales also exceeded analysts’ projections.

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