Conduent (NASDAQ:CNDT – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect Conduent to post earnings of ($0.16) per share for the quarter. Conduent has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Conduent (NASDAQ:CNDT – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.28) by $0.14. The business had revenue of $811.00 million for the quarter, compared to the consensus estimate of $803.33 million. Conduent had a net margin of 0.88% and a negative return on equity of 7.81%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.01 earnings per share. On average, analysts expect Conduent to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Conduent Stock Performance
Shares of NASDAQ CNDT opened at $3.65 on Tuesday. The stock has a market cap of $592.76 million, a PE ratio of 17.43 and a beta of 1.48. Conduent has a 1 year low of $2.40 and a 1 year high of $4.22. The firm has a fifty day moving average price of $3.83 and a 200-day moving average price of $3.61. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.65 and a quick ratio of 1.65.
Conduent Company Profile
Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation. The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions.
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