Loading...
Market
Will Xerox EPS increase in 2025 following Lexmark acquisition?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Xerox's official financial statements and earnings reports
Story
Xerox to Acquire Lexmark for $1.5 Billion, Bringing Printer Maker Back to U.S. Ownership; Deal Immediately Accretive
Dec 23, 2024, 12:24 PM
Xerox Corp. is nearing a deal to acquire Lexmark International for $1.5 billion, including debt, which will bring the printer maker back under U.S. ownership after eight years of being controlled by a consortium of Asian investors. The acquisition is expected to nearly double Xerox's size, strengthening its core printing portfolio. The deal is set to be immediately accretive to Xerox's earnings per share (EPS) and free cash flow (FCF). Xerox has also approved a change in its dividend policy, reducing the dividend from $1.00 per share to $0.50 per share. Following the announcement, Xerox's shares rose by 4.29% in pre-market trading.
View original story
Similar markets
Achieved $200M+ reduction • 25%
Achieved $100M-$199M reduction • 25%
Achieved less than $100M reduction • 25%
No cost reduction achieved • 25%
Increase by more than 5% • 25%
Increase by 1-5% • 25%
No significant change • 25%
Decrease • 25%
Increased dividend • 25%
Dividend remains $0.50 • 25%
Dividend reduced further • 25%
Dividend suspended • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% or decrease • 25%
Remain unchanged • 25%
Below $20.00 • 33%
$20.00 - $22.00 • 34%
Above $22.00 • 33%