Analysts Set Expectations for Conduent Q1 Earnings

Conduent Inc. (NASDAQ:CNDT) – Research analysts at Sidoti issued their Q1 2028 earnings estimates for Conduent in a research report issued to clients and investors on Monday, November 9th. Sidoti analyst M. Riddick anticipates that the company will post earnings of $0.06 per share for the quarter. The consensus estimate for Conduent’s current full-year earnings is ($0.37) per share. Sidoti also issued estimates for Conduent’s Q2 2028 earnings at $0.00 EPS and Q3 2028 earnings at $0.06 EPS.

Conduent (NASDAQ:CNDT) last announced its earnings results on Thursday, November 5th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.03). The business had revenue of $534.00 million for the quarter, compared to analysts’ expectations of $545.67 million. Conduent had a negative return on equity of 9.02% and a negative net margin of 8.17%.

A number of other research firms have also weighed in on CNDT. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Conduent in a research report on Thursday, October 15th. Wall Street Zen cut Conduent from a “sell” rating to a “strong sell” rating in a research note on Sunday, November 1st. Finally, Zacks Research lowered Conduent from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Conduent presently has a consensus rating of “Hold”.

Conduent Stock Performance

Shares of CNDT stock opened at $1.39 on Tuesday. The firm has a 50 day moving average of $1.60 and a two-hundred day moving average of $1.53. The stock has a market capitalization of $215.40 million, a PE ratio of -0.89 and a beta of 1.47. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.33. Conduent has a 52 week low of $1.15 and a 52 week high of $2.12.

Institutional Trading of Conduent

A number of large investors have recently made changes to their positions in the company. Diversified Trust Co raised its holdings in Conduent by 42.1% in the third quarter. Diversified Trust Co now owns 100,755 shares of the company’s stock valued at $157,000 after acquiring an additional 29,852 shares in the last quarter. StoneX Group Inc. purchased a new position in Conduent in the third quarter worth approximately $27,000. Engineers Gate Manager LP acquired a new position in Conduent during the 2nd quarter worth approximately $131,000. Headlands Technologies LLC grew its holdings in Conduent by 30.9% during the 2nd quarter. Headlands Technologies LLC now owns 54,683 shares of the company’s stock worth $80,000 after acquiring an additional 12,919 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Conduent during the 2nd quarter worth approximately $286,000. 77.28% of the stock is currently owned by hedge funds and other institutional investors.

About Conduent

Conduent Incorporated (NASDAQ: CNDT) provides business process services and technology solutions to government agencies and commercial organizations. Its services are designed to help clients manage complex administrative processes, improve customer interactions and modernize operations through digital tools and automation.

The company’s offerings include transportation and mobility services, such as electronic tolling, transit fare collection and traffic-management solutions; government services, including public benefits administration, payment processing and constituent support; and commercial services covering customer experience, claims and benefits administration, human resources and other business processes.

Conduent was established as an independent company following its separation from Xerox in 2017.