Conduent (NASDAQ:CNDT - Get Free Report) will be issuing its quarterly earnings data before the market opens on Wednesday, November 6th. Analysts expect the company to announce 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) EPS for the quarter, beating analysts' consensus estimates of ($0.28) by $0.14. Conduent had a negative return on equity of 7.81% and a net margin of 0.88%. The company had revenue of $811.00 million during the quarter, compared to the consensus estimate of $803.33 million. During the same period last year, the business posted $0.01 earnings per share. Conduent's revenue was down 4.7% on a year-over-year basis. 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
CNDT stock traded up $0.04 during midday trading on Wednesday, hitting $3.68. The company's stock had a trading volume of 286,032 shares, compared to its average volume of 1,087,796. The stock's 50-day moving average price is $3.82 and its 200 day moving average price is $3.60. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.05. The stock has a market cap of $597.62 million, a price-to-earnings ratio of 17.33 and a beta of 1.47. Conduent has a 1 year low of $2.40 and a 1 year high of $4.22.
About Conduent
(
Get Free Report)
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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