Conduent Incorporated (CNDT) Reports In-Line Q4 EPS
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Conduent Incorporated (NYSE: CNDT) reported Q4 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.26 billion.
Financial and Strategic Outlook
Conduent provided the following guidance ranges for FY 2019:
(in millions) | FY 2018 Reported | DivestitureImpact | Adjusted FY 2018(3) | Includes No Additional M&A
FY 2019 Guidance | |||
Revenue(constant currency)(1) | $5.39B | $752M | $4.64B | Up 0.5 - 1.5% | |||
Adj. EBITDA(2) | $640M | $105M | $535M | $590 - $610M Up 10 - 14% | |||
Adj. EBITDA Margin(2) | 11.9% | 11.5% | 12.5 - 13.1% | ||||
Adj. Free Cash Flow(2) | $218M | ~35% of Adj. EBITDA | |||||
% of Adj. EBITDA | 34.1% | ||||||
For earnings history and earnings-related data on Conduent Incorporated (CNDT) click here.
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