NASDAQ$CNDT

Conduent Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Conduent's Q1 2020 performance was impacted by COVID-19, but the company saw increased new business signings and continued to provide critical services to clients.

Conduent reported revenue above expectations despite COVID-19 impact. The company's business continuity planning was successful with approximately 75% of associates working from home. New business signings increased by 44% compared to Q1 2019.

  • Revenue exceeded expectations despite COVID-19 impact.
  • Successfully transitioned approximately 75% of associates to work-from-home.
  • New business signings increased by 44% compared to Q1 2019.
  • Continued to provide critical services to clients amidst the global crisis.

Headline financials

Total Revenue

$1.05B

Previous: $1.16B-9.2%
EPS (adj)

$0.05

Previous: $0.14-64.3%
Adjusted EBITDA Margin

9.1%

No prior period
Capital Expenditures

-$11M

Previous: -$53M+79.2%
Free Cash Flow

-$60M

Previous: -$361M+83.4%
Net Income

-$49M

Previous: -$308M+84.1%
Operating Income

$49M

Previous: -$204M+124.0%
Gross Profit

$219M

Previous: $252M-13.1%
Cash & Equivalents

$395M

Previous: $520M-24.0%
Total Assets

$4.39B

Previous: $6.66B-34.1%
Stock-Based Comp

$4M

Previous: $7M-42.9%

Revenue & EPS history

Conduent · Revenue · Quarterly

$1.05B

Q1 2020-9.2%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Conduent is adapting its transformation plan to focus on post-COVID-19 cost savings initiatives and expects volume pressure and associated profit impacts to continue in Q2 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-1.0%

Avg return

Earnings day

-1.9%

Avg return

5 days after

-0.7%

Avg return

30 days after

53%

21 / 40 earnings

Positive

+84.8%

Q2 2020

Best reaction

-40.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-21.0%-23.9%
Q4 2025+0.4%+3.0%-3.7%
Q3 2025-20.1%-14.0%-12.2%
Q1 2025-3.0%+12.2%+29.8%
Q4 2024-6.2%-4.3%-28.7%
Q3 2024+10.0%+15.6%+8.6%
Q2 2024-14.0%-15.1%+1.1%
Q1 2024+16.8%+22.5%+11.1%
Q4 2023+8.8%+7.4%-3.5%
Q3 2023-18.2%-22.6%-0.6%
Q2 2023+5.0%-3.2%-7.6%
Q1 2023-17.2%-13.3%-1.8%
Q4 2022-3.7%-3.2%-23.3%
Q3 2022-7.0%-9.0%+1.0%
Q2 2022-10.3%-6.9%-13.7%
Q1 2022-15.5%-16.9%-2.2%
Q4 2021+0.0%+2.1%+0.9%
Q3 2021-12.7%-14.8%-26.6%
Q2 2021+10.5%+9.5%+18.4%
Q1 2021+2.8%+2.7%+8.4%
Q4 2020-10.1%-10.6%+25.3%
Q3 2020+7.8%+8.0%+21.1%
Q2 2020+84.8%+80.8%+65.3%
Q1 2020+2.3%-11.6%+32.7%
Q4 2019-16.8%-26.9%-58.0%
Q3 2019+10.6%-1.3%-1.8%
Q2 2019-23.5%-20.9%-21.9%
Q1 2019-40.0%-33.2%-29.5%
Q4 2018+5.6%+3.9%-6.3%
Q3 2018-31.2%-27.9%-37.8%
Q2 2018+6.5%+6.1%+21.9%
Q1 2018-2.1%-1.1%+4.1%
Q4 2017+14.3%+19.0%+19.3%
Q3 2017+1.3%+1.7%-3.8%
Q2 2017+8.4%+7.9%+1.3%
Q1 2016+1.2%-1.5%-1.7%
Q1 2017-3.8%-2.6%-5.4%
Q4 2014+1.7%+2.8%+4.9%
Q2 2016+1.7%+2.8%+4.9%
Q4 2016+14.3%-0.2%+4.1%
Q4 2015
Q3 2016
Q3 2015
Q2 2015
Q1 2015

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