Xerox Corporation (NYSE:XRX) reported a 10.8% increase in profit (adjusted) to $462 million in the fourth quarter of 2011 from $417 million in the same quarter of 2010. On per share basis, profits (adjusted) improved 13.8% to 33 cents per share from 29 cents in the fourth quarter of 2010, exceeding the Zacks Consensus Estimate by a penny.
Revenues in the quarter were flat at $5.96 billion compared with $5.98 billion in the fourth quarter of 2010. It was lower than the Zacks Consensus Estimate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards