Conduent Inc expected to post breakeven results a share - Earnings Preview

CONDUENT

29/04/2024 13:55

* Conduent Inc  CNDT.OQ   CNDT.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Florham Park New Jersey-based  company is expected to
report
a 2.9% decrease in revenue to $895.5 million from $922 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on February 14 2024, for the
period ended March 31, was for revenue between $894.34 million
and $903.56 million.
    * ​LSEG's mean analyst estimate for Conduent Inc is for
breakeven
results 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
$5.65​, above​ its last closing price of $3.06. ​​​

This summary was machine generated April 29 at 12:55 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)