|Bid||4.1200 x 1000|
|Ask||4.1300 x 1100|
|Day's Range||3.6100 - 4.6500|
|52 Week Range||1.5400 - 7.9700|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Conduent (NASDAQ: CNDT) reported Q2 sales of $1.02 billion. Conduent collected $1.05 billion in revenue during Q1.What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed in a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth in a company and is a sign of higher earnings per share for shareholders in the future. A low or negative ROCE suggests the opposite. In Q2, Conduent posted an ROCE of -0.01%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on CNDTReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.For Conduent, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q2 Earnings Recap Conduent reported Q2 earnings per share at $0.12/share, which beat analyst predictions of $-0.05/share.See more from Benzinga * Preview: Conduent's Earnings * 17 Technology Stocks Moving In Tuesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
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 2019 EPS Estimate 0.07 0.20 0.15 0.17 EPS Actual 0.05 0.18 0.16 0.13 Revenue Estimate 1.00 B 1.08 B 1.08 B 1.11 B Revenue 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.View more earnings on CNDTDon'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.htmlSee more from Benzinga * 17 Technology Stocks Moving In Tuesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.