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

CONDUENT

01/11/2022 22:05

* Conduent Inc  CNDT.OQ  reported quarterly adjusted
earnings of 9
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
8 cents per share.
    * Revenue fell 5.9% to $977.00 million from a year ago;
analysts
expected $978.00 million. 
    * Conduent Inc's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Conduent Inc shares had risen by 23.4% this quarter and
lost 22.8% so far this year.
    * Wall Street's median 12-month price target for Conduent
Inc is
$3.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.13           0.13           Met