NASDAQ$CNDT

Conduent Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Conduent's Q3 2021 financial results were announced, showing revenue stabilization and continued momentum.

Conduent reported stable revenue with increased volumes in Government Payments and new business, offset by lost business from prior years. New business TCV signings are up 4% and new business ARR is up 15% year-to-date. The Net ARR Activity Metric was strong at $132M, up 25% from Q2 2021.

  • Revenue: $1,038M
  • Adj. EBITDA Margin: 12.5%
  • Q3 2021 Total Contract Value (TCV) new business signings of $344M, $1,475M YTD
  • Net ARR Activity Metric (TTM) of $132M, an increase of 25% vs Q2 2021

Headline financials

Total Revenue

$1.04B

Previous: $1.04B-0.3%
EPS (adj)

$0.19

Previous: $0.26-26.9%
Capital Expenditures

-$52M

Previous: -$48M-8.3%
Free Cash Flow

-$41M

Previous: -$55M+25.5%
Net Income

$11M

Previous: -$7M+257.1%
Operating Income

$63M

Previous: $53M+18.9%
Gross Profit

$262M

Previous: $262M+0.0%
Cash & Equivalents

$394M

Previous: $488M-19.3%
Total Assets

$4.09B

Previous: $4.36B-6.1%
Stock-Based Comp

$5M

Previous: $5M+0.0%

Revenue & EPS history

Conduent · Revenue · Quarterly

$1.04B

Q3 2021-0.3%vs Q3 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

Conduent provided its FY 2021 outlook, with revenue expected to be between $4,100M and $4,175M and Adj. EBITDA margin between 11.25% and 11.75%.

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 Q3 2021

Historical avgQ3 2021

-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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