Conduent (NASDAQ:CNDT - Get Free Report) is scheduled to be posting 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.Parties interested in registering for the company's conference call can do so using this link.
Conduent (NASDAQ:CNDT - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping 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 business 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. The business's revenue for the quarter 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
Shares of NASDAQ CNDT traded up $0.03 during trading on Wednesday, reaching $3.67. 836,138 shares of the stock traded hands, compared to its average volume of 1,090,415. The company has a 50-day moving average of $3.82 and a 200-day moving average of $3.60. Conduent has a 52-week low of $2.40 and a 52-week high of $4.22. The stock has a market capitalization of $596.00 million, a P/E ratio of 17.33 and a beta of 1.47. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.65 and a quick ratio of 1.65.
About Conduent
(
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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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