Xerox Corporation (NYSE:XRX) Consumer Goods Stock Achieved New Highs After Earnings (Recap)

Xerox Corporation vs Industry Leaders:

The company is ranked 13^th among Business Equipment Companies by return on equity which stands at 10.21 percent. The company maintains the 9^th highest EPS growth rate among its industry peers. The company is ranked 7^th among its competitors by dividend yield which stands at 2.20 percent.

1^st Quarter 2012 Financial Results:

Revenue:

Xerox Corporation (NYSE:XRX) reported the revenue of $5.50 billion for the quarter ended March 31^st, 2012 as compared to revenue of $5.46 billion for the same period last year.

Net Income 2012 vs Net Income 2011:

Xerox Corporation (NYSE:XRX) reported the net income of $269 million or earnings of $0.25 per share for the respective quarter as compared to net income of $281 million or earnings of $0.19 per share last year.

Balance Sheet:

The company’s total assets accumulate up to $31.15 billion with highest proportion of current assets in its composition. The company maintains short term liquidity position as per its current ratio of 1.53 times. Its total liabilities stand at $18.54 billion as compared to its total equity of $12.60 billion.

Xerox Corporation’s Competitors:

Canon Inc. (NYSE:CAJ), Pitney Bowes (NYSE:PBI), Staples (NASDAQ:SPLS), Office Depot (NYSE:ODP), OfficeMax (NYSE:OMX), Dell (NASDAQ:DELL), FedEx (NYSE:FDX), IBM (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ),