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Conduent Inc reports results for the quarter ended December 31 - Earnings Summary

* Conduent Inc  CNDT.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 3
cents.  The mean expectation of three analysts for the quarter
was for a loss of 9 cents per share. 
    * Revenue fell 16.1% to $800.00 million from a year ago;
analysts
expected $809.67 million. 
    * Conduent Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The company reported a quarterly loss of $12 million.
    * Conduent Inc shares had risen by 8.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 21.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the it services &
consulting peer group is  "buy."

Wall Street's median 12-month price target for Conduent Inc is
$6.85 
This summary was machine generated from LSEG data February 12 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.09          -0.15          Missed
 Sep. 30 2024      -0.15          -0.14          Beat
 Jun. 30 2024      -0.27          -0.14          Beat
 Mar. 31 2024      0.00           -0.09          Missed

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