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

CONDUENT

03/05/2023 14:31

* Conduent Inc  CNDT.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in March. The mean expectation
of two analysts for the quarter was for earnings of 6 cents per
share.
    * Revenue fell 4.7% to $922.00 million from a year ago;
analysts
expected $920.00 million. 
    * Conduent Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 15.4%
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 fallen by 3.5% this quarter and
lost 18.3% so far this year.
    * The company reported a quarterly loss of $6 million.
    * Wall Street's median 12-month price target for Conduent
Inc is
$4.77 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.06           0.00           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