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

CONDUENT

02/08/2023 14:32

* Conduent Inc  CNDT.OQ  reported quarterly adjusted
earnings of 1
cent​​ per share for the quarter ended in June. The lone analyst
forecast for the quarter was for a loss of 6 cents per share.
    * Revenue fell 1.4% to $915.00 million from a year ago;
analysts
expected $900.00 million. 
    * Conduent Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 220%
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 0.9% this quarter and
lost 15.3% so far this year.
    * The company reported a quarterly loss of $7 million.
    * Wall Street's median 12-month price target for Conduent
Inc is
$4.65 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          0.01           Beat
 Mar. 31 2023      0.06           0.00           Missed
 Dec. 31 2022      0.05           0.01           Missed
 Sep. 30 2022      0.08           0.09           Beat