Conduent Inc expected to post a loss of 6 cents a share - Earnings Preview

CONDUENT

31/07/2023 19:31

* Conduent Inc  CNDT.OQ   CNDT.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 2. 
    * The Florham Park New Jersey-based  company is expected to
report
 a 3.0% decrease in revenue to $900 million from $928 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on May 3 2023, for the
period ended June 30, was for revenue between $900.00 million
and $910.00 million.
    * ​Refinitiv's mean analyst estimate for Conduent Inc is for
a
loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$4.65​, above​ its last closing price of $3.47. ​​​

This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated