Conduent Incorporated reports results for the quarter ended June 30 - Earnings Summary
Conduent Incorporated reports results for the quarter ended June 30 - Earnings Summary
Conduent Incorporated CNDT.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of three analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -19 cents to -13 cents per share.
Revenue fell 29.6% to $531.00 million from a year ago; analysts expected $715.67 million.
Conduent Incorporated's reported EPS for the quarter was a loss of 76 cents.
The company reported a quarterly loss of $116 million.
Conduent Incorporated shares had risen by 16.4% this quarter and lost 11.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 14.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "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 Incorporated is $5.00, about 66% above its last closing price of $1.70
This summary was machine generated from LSEG data August 10 at 01:31 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.16 | -0.18 | Missed |
Mar. 31 2026 | -0.19 | -0.05 | Beat |
Dec. 31 2025 | -0.05 | -0.09 | Missed |
Sep. 30 2025 | -0.06 | -0.09 | Missed |
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Conduent Incorporated reports results for the quarter ended June 30 - Earnings Summary