Conduent Inc expected to post earnings of 4 cents a share - Earnings Preview

CONDUENT

12/02/2024 14:00

* Conduent Inc  CNDT.OQ   CNDT.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Florham Park New Jersey-based  company is expected to
report
a 5.7% decrease in revenue to $930 million from $986 million a
year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on November 1 2023, for the
period ended December 31, was for revenue between $935.00
million and $945.00 million.
    * ​LSEG's mean analyst estimate for Conduent Inc is for
earnings
of 4 cents per share. 
    * The current average analyst rating on the shares is
"strong 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
$4.81​, above​ its last closing price of $3.45. ​​​

This summary was machine generated February 12 at 14:00 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)