Conduent (NASDAQ:CNDT) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Conduent (NASDAQ:CNDT) announced its earnings results on Wednesday. The company reported ($0.15) EPS for the quarter, missing the consensus estimate 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 Trading Down 8.1 %

Shares of Conduent stock traded down $0.36 during midday trading on Wednesday, reaching $4.04. The company had a trading volume of 840,867 shares, compared to its average volume of 807,715. The stock has a fifty day moving average price of $4.09 and a 200 day moving average price of $3.88. Conduent has a fifty-two week low of $2.96 and a fifty-two week high of $4.90. The firm has a market cap of $645.16 million, a PE ratio of 1.78 and a beta of 1.41. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.75 and a quick ratio of 1.75.

About Conduent

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.