Conduent Inc expected to post a loss of 15 cents a share - Earnings Preview

Reuters11-04

* Conduent Inc is expected to show a fall in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The Florham Park New Jersey-based company is expected to report a 12.3% decrease in revenue to $817.333 million from $932 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on August 7 2024, for the period ended September 30, was for revenue between $815.00 million and $825.00 million.

* ​LSEG's mean analyst estimate for Conduent Inc is for a loss of 15 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Conduent Inc is 6.00​, above​ its last closing price of $3.58. ​​​

The company's guidance on August 7 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD815 million and USD35.063 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 -0.27 -0.27 -0.14 Beat 49.1

Jan. 1 0001 0.00 -0.09 Missed

Dec. 31 2023 0.04 0.04 0.03 Missed -25​

Sep. 30 2023 0.02 0.02 -0.09 Missed -550

​​Jun. -0.06 -0.06 0.01 Beat 116.7

30 2023

Mar. 31 2023 0.06 0.06 0.00 Missed -100​

Dec. 31 2022 0.05 0.01 -80.4

Jan. 1 0001 0.08 0.08 0.09 Beat 11.8

This summary was machine generated November 4 at 15:43 GMT. 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)

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