Conduent (CNDT)
NASDAQ:CNDT
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.19Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of improving profitability and operational discipline alongside ongoing top-line pressure concentrated in the Commercial segment. Management highlighted clear operational actions: cost savings targeting $100 million, $200M+ expected divestiture proceeds, a growing $3.5B pipeline, and AI initiatives delivering tangible benefits. However, the company faces a year-over-year revenue decline (down 3.7%) and a meaningful 10.2% drop in Commercial revenue, plus a negative Transportation EBITDA and remaining negative free cash flow in Q1. Taken together, the progress on margins, pipeline, cost actions and portfolio optimization present a constructive outlook that appears to outweigh near-term revenue headwinds.Company Guidance
Improved Adjusted EBITDA and Margins
Adjusted EBITDA was $49 million in Q1 2026 versus $37 million in Q1 2025; adjusted EBITDA margin improved to 6.8%, up 190 basis points year-over-year and up 30 basis points sequentially.
Quarterly New Business ACV Growth
Signed $114 million of new business ACV in Q1 2026, up 5% versus Q1 2025 and marking the sixth consecutive quarter of year-over-year ACV growth.
Larger Qualified Pipeline
Qualified ACV pipeline grew to $3.5 billion, up 10% year-over-year; Government pipeline up 27% YoY and Commercial pipeline 25% stronger than last quarter.
Strong Government Segment Performance
Government revenue increased 4.6% to $226 million; Government adjusted EBITDA was $59 million with a 26.1% margin, up 850 basis points year-over-year (including discrete benefits).
Commercial Margin Improvement Despite Revenue Pressure
Commercial adjusted EBITDA rose to $43 million with an adjusted EBITDA margin of 11.9%, up 190 basis points year-over-year, driven by cost efficiency and operational performance.
Sales Wins and Notable Contracts
Total Q1 sales wins exceeded $114 million, including >$48 million in Commercial (three long-standing health care clients) and >$66 million in Public Sector (including a $23 million Medicaid claims deal).
Cost Reduction Opportunity Identified
Management initiated a detailed cost review with external advisers and identified an initial opportunity to reduce $100 million of costs over the next 18 months; target of achieving EBITDA north of 10%.
Portfolio Optimization and Expected Divestiture Proceeds
Management expects proceeds from identified divestitures in 2026 to exceed $200 million, providing optionality for debt reduction, share repurchase or reinvestment.
Cash and Leverage Improvements
Ended Q1 2026 with approximately $251 million cash and net leverage of 2.8x; operating cash flow improved by $50 million year-over-year and adjusted free cash flow loss narrowed to $15 million.
Clear 2026–2027 Financial Targets
2026 revenue guidance of $2.8–$2.9 billion; adjusted EBITDA guidance $160–$190 million. 2027 outlook: flat-to-positive revenue with adjusted EBITDA of $190–$220 million and positive cash generation.
Progress on AI Initiatives
Active AI deployments (fraud and risk detection, GenAI agent assist 'Conni', workforce/productivity tools) producing client impacts and cost savings; management plans to scale AI use cases across Government and Commercial clients.
CNDT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNDT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $1.70 | $1.49 | -12.35% |
Feb 12, 2026 | $1.34 | $1.34 | +0.37% |
Nov 07, 2025 | $2.22 | $1.78 | -19.82% |
Aug 06, 2025 | $2.46 | $2.45 | -0.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Conduent (CNDT) report earnings?
Conduent (CNDT) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is Conduent (CNDT) earnings time?
Conduent (CNDT) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNDT EPS forecast?
CNDT EPS forecast for the fiscal quarter 2026 (Q2) is -0.19.
