Conduent (CNDT) Reports Q1 Loss, Lags Revenue Estimates

Financial Performance - Conduent reported a quarterly loss of $0.13 per share, better than the Zacks Consensus Estimate of a loss of $0.19, but worse than a loss of $0.09 per share a year ago, indicating an earnings surprise of 31.58% [1] - The company posted revenues of $751 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.22%, and down from $921 million in the same quarter last year [2] - Over the last four quarters, Conduent has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] Stock Performance - Conduent shares have declined approximately 49.3% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The current Zacks Rank for Conduent is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.14 on revenues of $780 million, and for the current fiscal year, it is -$0.34 on revenues of $3.19 billion [7] - The estimate revisions trend for Conduent is mixed, and changes in earnings expectations may occur following the recent earnings report [6] Industry Context - The Outsourcing industry, to which Conduent belongs, is currently ranked in the top 13% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Hudson Global, another company in the same industry, is expected to report quarterly earnings of $0.06 per share, reflecting a year-over-year change of +108.3% [9]