Conduent (CNDT) Projected to Post Quarterly Earnings on Wednesday

Conduent (NASDAQ:CNDT - Get Free Report) is projected to release its earnings data before the market opens on Wednesday, February 12th. Analysts expect Conduent to post earnings of ($0.11) per share and revenue of $813.00 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Conduent (NASDAQ:CNDT - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.01. The company had revenue of $807.00 million during the quarter, compared to the consensus estimate of $817.33 million. Conduent had a net margin of 12.65% and a negative return on equity of 7.94%. The firm's revenue was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. On average, analysts expect Conduent to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Conduent Stock Up 12.2 %

Shares of NASDAQ:CNDT traded up $0.48 during midday trading on Friday, reaching $4.42. The company had a trading volume of 3,062,576 shares, compared to its average volume of 619,223. The stock has a market cap of $706.71 million, a PE ratio of 1.95 and a beta of 1.41. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.81. Conduent has a 1-year low of $2.96 and a 1-year high of $4.90. The business's 50 day moving average price is $4.08 and its 200 day moving average price is $3.88.

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.