Conduent (CNDT) Reports Q1 Loss, Lags Revenue Estimates

Conduent (CNDT) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of$ 0.19. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.58%. A quarter ago, it was expected that this company would post a loss of$ 0.09 per share when it actually produced a loss of $0.15, delivering a surprise of -66.67%.Over the last four quarters, the company has surpassed cons ...