Xerox Corporation (NYSE:XRX) reported a flat profit of 23 cents per share in the first quarter of 2012 compared with the same quarter of 2011 (all excluding special items). However, earnings per share exceeded the Zacks Consensus Estimate by a penny and were in line with the company’s own guidance. In absolute terms, profits declined 4.5% to $319 million in the quarter from $334 million in the first quarter of 2011 (all excluding special items).
Revenues in the quarter grew modestly by 1% (2% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards