Conduent Inc expected to post earnings of 8cents a share - Earnings Preview

CONDUENT

29/10/2022 03:05

* Conduent Inc  CNDT.OQ   CNDT.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 1. 
    * The Florham Park New Jersey-based  company is expected to
report
 a 5.8% decrease in revenue to $978 million from $1.04 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on August 2 2022, for
the period ended September 30, was for revenue between $970.00
million and $985.00 million.
    * ​Refinitiv's mean analyst estimate for Conduent Inc is for
earnings of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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
$3.75​, below​ its last closing price of $4.10. ​​​

This summary was machine generated October 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated