Overview

* Conduent ( CNDT ) Q3 revenue declined 5% yr/yr, missing analyst expectations

* Adjusted EPS for Q3 missed analyst expectations

* Company completed debt refinancing, enhancing financial stability

Outlook

* Conduent ( CNDT ) expects FY 2025 adjusted revenue between $3.05 bln and $3.1 bln

* Company anticipates FY 2025 adjusted EBITDA margin of 5.0% to 5.5%

* Conduent ( CNDT ) focuses on cash generation and expanding pipeline opportunities

Result Drivers

* PUBLIC SECTOR PERFORMANCE - Strong performance in Public Sector businesses despite Federal government shutdown

* OPERATIONAL EFFICIENCY - Improved Adjusted EBITDA and margin due to operational efficiency efforts

* AI INTEGRATION - Deployment of AI in government solutions to enhance efficiency and combat fraud

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $767 mln

Revenue

Q3 Miss $767 mln $794.33

Adjusted mln (3

Revenue Analysts

)

Q3 Miss -$0.09 -$0.07

Adjusted (2

EPS Analysts

)

Q3 EPS -$0.30

Q3 Net -$46 mln

Income

Q3 $40 mln

Adjusted

EBITDA

Q3 5.20%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy."

* Wall Street's median 12-month price target for Conduent Inc ( CNDT ) is $7.00, about 68.3% above its November 6 closing price of $2.22

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)