Conduent (CNDT) Reports Q3 Loss, Lags Revenue Estimates
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Conduent (CNDT) reported a Q3 loss of $0.14 per share, which was better than the Zacks Consensus Estimate of a $0.16 loss. However, this is a larger loss compared to $0.09 per share a year ago.
November 06, 2024 | 3:30 pm
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Conduent reported a Q3 loss of $0.14 per share, better than expected but worse than last year's $0.09 loss.
Conduent's Q3 loss was smaller than expected, which is positive, but the loss is larger than the previous year's, indicating potential financial struggles. This mixed result may lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100