Conduent CNDT releases its next round of earnings this Thursday, August 06. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and Revenue
Wall Street analysts see Conduent reporting a quarterly loss of $0.05 per share on sales of $923.25 million. Conduent reported a per-share profit of $0.130 when it published results during the same quarter last year. Sales in that period totaled $1.11 billion. If the company were to report in-line earnings when it publishes results Thursday, quarterly profit would be down 138.46%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.20 | 0.15 | 0.17 |
| EPS Actual | 0.05 | 0.18 | 0.16 | 0.13 |
| Revenue Estimate | 1.00 B | 1.08 B | 1.08 B | 1.11 B |
| Revenue Actual | 1.05 B | 1.10 B | 1.10 B | 1.11 B |
Stock Performance
Over the last 52-week period, shares are down 73.61%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Conduent is scheduled to hold the call at 17:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/cndt/mediaframe/38726/indexr.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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