Conduent (NASDAQ:CNDT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Conduent missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.05.
Revenue was down $45.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 1.4% drop in the share price the next day.
Here’s a look at Conduent’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.08 | 0.05 | 0.06 |
| EPS Actual | 0.01 | 0.09 | 0.03 | 0.10 |
| Revenue Estimate | 991.50M | 978.00M | 930.00M | 961.67M |
| Revenue Actual | 986.00M | 977.00M | 928.00M | 967.00M |
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.
