Conduent (NASDAQ:CNDT) Issues Earnings Results

Conduent (NASDAQ:CNDT) issued its quarterly earnings results on Wednesday. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.04), Zacks reports. Conduent had a negative return on equity of 7.94% and a net margin of 12.65%. Conduent updated its FY 2025 guidance to EPS.

Conduent Stock Down 4.1 %

Shares of CNDT stock traded down $0.18 during trading hours on Wednesday, reaching $4.21. 1,065,619 shares of the company’s stock were exchanged, compared to its average volume of 818,990. Conduent has a 1 year low of $2.96 and a 1 year high of $4.90. The stock has a market cap of $672.82 million, a PE ratio of 1.85 and a beta of 1.41. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.81. The stock’s fifty day moving average price is $4.09 and its two-hundred day moving average price is $3.88.

Conduent Company Profile

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government Services, and Transportation. The Commercial segment offers business process services and customized solutions to clients in various industries; and customer experience management, business operations, healthcare claims and administration, and human capital solutions.