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

CONDUENT

04/05/2022 01:51

* Conduent Inc  CNDT.OQ  reported quarterly adjusted
earnings of
10 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
6 cents per share.
    * Revenue fell 5.9% to $967.00 million from a year ago; 
analysts
expected $961.67 million. 
    * Conduent Inc's reported EPS for the quarter was 61 cents​.
    * The mean earnings estimate of analysts had fallen by
about 56.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Conduent Inc shares had risen by 6.6% this quarter and
gained 3.0% so far this year.
    * The company reported quarterly net income of $136 million.
    * Wall Street's median 12-month price target for Conduent
Inc is
$6.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 12:51 a.m.  ​All
figures in US dollars unless otherwise stated