Conduent (CNDT) Reports Q3 Loss, Lags Revenue Estimates

Conduent (CNDT) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this company would post a loss of $0.26 per share when it actually produced a loss of $0.14, delivering a surprise of 46.15%.Over the last four quarters, the company has surpassed conse ...