Benzinga | Aug 5, 2020 12:05PM EDT

Preview: Conduent's Earnings

Conduent (NASDAQ:CNDT) releases its next round of earnings this Thursday, August 06. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

Earnings and Revenue

Wall Street analysts see Conduent reporting a quarterly loss of $0.05 per share on sales of $923.25 million. Conduent reported a per-share profit of $0.130 when it published results during the same quarter last year. Sales in that period totaled $1.11 billion. If the company were to report in-line earnings when it publishes results Thursday, quarterly profit would be down 138.46%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.07 0.20 0.15 0.17EPS Actual 0.05 0.18 0.16 0.13Revenue Estimate 1.00 B 1.08 B 1.08 B 1.11 BRevenue Actual 1.05 B 1.10 B 1.10 B 1.11 B

Stock Performance

Over the last 52-week period, shares are down 73.61%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Conduent is scheduled to hold the call at 17:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/cndt/mediaframe/38726/indexr.html