Conduent Inc expected to post a loss of 15 cents a share - Earnings Preview
04/11/2024 15:43
* Conduent Inc CNDT.OQ CNDT.O is expected to show a fall
in
quarterly revenue when it reports results on November 6 for the
period ending September 30 2024
* The Florham Park New Jersey-based company is expected to
report
a 12.3% decrease in revenue to $817.333 million from $932
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on August 7
2024, for the period ended September 30, was for revenue between
$815.00 million and $825.00 million.
* LSEG's mean analyst estimate for Conduent Inc is for a
loss
of 15 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Conduent
Inc is
6.00, above its last closing price of $3.58.
The company's guidance on August 7 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD815 million and
USD35.063 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 -0.27 -0.27 -0.14 Beat 49.1
Jan. 1 0001 0.00 -0.09 Missed
Dec. 31 2023 0.04 0.04 0.03 Missed -25
Sep. 30 2023 0.02 0.02 -0.09 Missed -550
Jun. -0.06 -0.06 0.01 Beat 116.7
30 2023
Mar. 31 2023 0.06 0.06 0.00 Missed -100
Dec. 31 2022 0.05 0.01 -80.4
Jan. 1 0001 0.08 0.08 0.09 Beat 11.8
This summary was machine generated November 4 at 15:43 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)