Conduent Inc reports results for the quarter ended December 31 - Earnings Summary

• Conduent Inc CNDT.OQ reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of three analysts for the quarter was for a loss of 9 cents per share.

• Revenue fell 16.1% to $800.00 million from a year ago; analysts expected $809.67 million.

• Conduent Inc's reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $12 million.

• Conduent Inc shares had risen by 8.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 21.7% 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 Inc is $6.85

This summary was machine generated from LSEG data February 12 at 02:31 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)