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

CONDUENT

14/02/2023 22:01

* Conduent Inc  CNDT.OQ  reported quarterly adjusted
earnings of 1
cent​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for earnings of 5 cents per
share.
    * Revenue fell 5.9% to $986.00 million from a year ago;
analysts
expected $994.00 million. 
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Conduent Inc shares had risen by 8.1% this quarter.
    * The company reported a quarterly loss of $333 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
14 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.05           0.01           Missed
 Sep. 30 2022      0.08           0.09           Beat
 Jun. 30 2022      0.05           0.03           Missed
 Mar. 31 2022      0.06           0.10           Beat