Conduent Q2 EPS $0.01 Beats $(0.01) Estimate, Sales $915.00M Beat $900.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Conduent (NASDAQ:CNDT) reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.01) by 200 percent. This is a 66.67 percent decrease from last year's earnings. The company also reported quarterly sales of $915.00 million, beating the analyst consensus estimate of $900.00 million by 1.67 percent, but a 1.40 percent decrease from last year.
August 04, 2023 | 11:04 am
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Conduent's Q2 earnings and sales beat analyst estimates, but both show a decrease from last year.
While Conduent beat analyst estimates for Q2 earnings and sales, the decrease from last year's figures may cause some investor concern. This mixed result makes the short term price direction uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100