Conduent (NASDAQ:CNDT) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Conduent missed estimated earnings by 40.0%, reporting an EPS of $0.03 versus an estimate of $0.05.
Revenue was down $98.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 14.21% drop in the share price the next day.
Here’s a look at Conduent’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.13 | 0.17 | 0.14 |
| EPS Actual | 0.10 | 0.13 | 0.19 | 0.20 |
| Revenue Estimate | 961.67M | 1.04B | 1.04B | 1.02B |
| Revenue Actual | 967.00M | 1.05B | 1.04B | 1.03B |
To track all earnings releases for Conduent visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
