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Conduent Inc reports results for the quarter ended June 30 - Earnings Summary

Conduent Inc CNDT.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of three analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -19 cents to -10 cents per share.

Revenue fell 8.9% to $754.00 million from a year ago; analysts expected $763.67 million.

Conduent Inc's reported EPS for the quarter was a loss of 26 cents​.

The company reported a quarterly loss of $40 million.

Conduent Inc shares had fallen by 6.8% this quarter and lost 39.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 20.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is  "buy."

Wall Street's median 12-month price target for Conduent Inc is $7.00, about 64.9% above its last closing price of $2.46

This summary was machine generated from LSEG data August 6 at 02:07 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.14-0.13Beat
Mar. 31 2025-0.15-0.13Beat
Dec. 31 2024-0.09-0.15Missed
Sep. 30 2024-0.15-0.14Beat

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