Conduent Inc expected to post earnings of 5  cents a share - Earnings Preview

CONDUENT

30/07/2022 03:01

* 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 9.4% decrease in revenue to $930 million from $1.03 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Conduent Inc is for
earnings of 5 cents per share. For the same quarter last year,
the company reported earnings of 20 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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
$4.5​, below​ its last closing price of $4.66. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.06        0.06       0.10      Beat    77.8
 Dec. 31 2022  0.13        0.13       0.13      Met     -0.2
 Sep. 30 2021  0.17        0.17       0.19      Beat    14.8​
 Jun. 30 2021  0.14        0.14       0.20      Beat    46
 ​​Mar.        0.11        0.11       0.15      Beat    39.1
 31 2021                                                
 Dec. 31 2020  0.19        0.19       0.20      Beat    6.2​
 Sep. 30 2020  0.12        0.12       0.26      Beat    117.4
 Jun. 30 2020  -0.05       -0.05      0.12      Beat    363.2
 This summary was machine generated July 30 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated