Conduent (CNDT) Reports Q2 Loss, Tops Revenue Estimates

Conduent (CNDT) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of$ 0.26. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 46.15%. A quarter ago, it was expected that this company would post a loss of$ 0.15 per share when it actually produced a loss of $0.09, delivering a surprise of 40%. Over the last four quarters, the company has surpassed con ...