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

CONDUENT

01/05/2023 19:34

* Conduent Inc  CNDT.OQ   CNDT.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 3. 
    * The Florham Park New Jersey-based  company is expected to
report
 a 4.9% decrease in revenue to $920 million from $967 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Conduent Inc is for
earnings 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," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Conduent
Inc is
$4.77​, above​ its last closing price of $3.51. ​​​

This summary was machine generated May 1 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated